chart

Having a look at the chart i have noticed this:

From the 27/9 - 5/10 (a period of 8 days) the SP seemed to consolidate after having risen from (around) 50 cents and appears to have had an average price of 75 cents (at the close of each day for that 8 day period).

From 6/10 - 14/10 (a period of 8 days) the SP rose significantly for the 8 day period to a high of $1.27.

From the close today, it now looks that the SP is back around where it started around a month ago.

IMO I believe that 70 - 75 cents is the price it will hold until further announcements or until a drill is put into the ground! (This according to the last announcement will be soon). I also don’t believe the exercise of the options has necessarily helped the SP however, in the long run i believe it has been beneficial for the company for general cash flow.

I look to get a position in ALY tomorrow.

Any thoughts?

Frader