option overhang gone, now some upside?, page-5

I have been a holder of ALY on and off for over a year. In recent weeks I have been increasing my position as I believe it has been oversold and now represents very good value. As SFR expand their exploration and drilling to the west of the road any decent find by SFR in that area will certainly spark some interest in ALY. Also ALY are now well cashed up and should by now have a very good understanding of the geology of Magnus from their earlier drilling.I look forward to an update from management .Don't discount the significance of ALY's legal manoeuvres to acquire the dormant GLN ground to their west either .If they are successful it will add significant areas for exploration and certainly improve further the merits of ALY