weekend musing

just been reading some articles on gold, who`s buying, the trend, and takeovers. it appears that the gold sector is very much alive, although you would`nt think so on the market in general. consolidation is going on(takeovers),people are hoarding, but not wanting to push the price up !!. alot of central banks are now buyers, gold is looked at in a multiple of investment ways, but the trend appears strong, and up . I think ALY has been hoarded,as everyone (most)are so keen on seeing the company hit copper, they have thown the baby out , being Hermes. what ALY have is aprox. 200,000 oz with what is known, after the Hermes upgrade this will look like what??. no real deep drilling done yet !, and there is no real need to do so,but depth holds alot of promise. the area seems to throw up these pods of gold. i think now the company with the progress that has been made,is very undervalued, and in an area that has attracted alot of interest, must now be looking very cheap, and alot less of a punt when compared to others in this region.OIMO>