Hi Don:

Yes their are many companies with market makers on the tsx and the venture, Alda is not one of them. Alda has very deep pocketed investors like TB, who work like market makers, but can't be like them.

For example, if GMP was our market maker they would have the bought all below say 30 in 2007, and when the market ran again and Alda put the news they start selling back to the retail. Making a market and insuring stability in price.

Having a market maker that is solod results reduces crazy run ups and run downs.

MMN