Wow, that site didn,t look good for us. LOL.

It is my opinion that you can,t use much TA in a stock like this. But I beleive the RSI can be used for what I was looking at. (if there are any grammer teachers on her, they would most likely give me some flak for constantly ending and comprising sentences to end with a preposition,lol).

For awhile this week, I thought we could have dropped to the PP level of $1.80. That would have us touching or most likely in the oversold position. It was good IMO, that we didn,t touch there and is surely indicative of strength.

We usually dont see much insider buying in this stock. There is usually more selling (when it does occur, and that is seldom) because of the mechanism of the incentive options. When these get exercised, it puts money back into the treasury. When the dynamics of exercising options prudently, like our company seems to do, it helps us to stabilize the sp and move it up.

Say for instance, an employee holds 100,000 options at .15 to be exercised. If at todays price of $2, he sells 750 shares to fully exercise his options, he did 2 things.

1) He increased his holdings by 925,000 shares

2) He put $750 back into the company.

Although this could be considered as dilution to some, as in fact it is, it is also a part of a bigger dynamics that in time increases and strengthens the shareholder base. It does this in conjunction with promo in our instance by constantly stepping up the sp so that new options are priced at higher levels. And when these new options are exercised at higher levels, it tends to help support an sp around that level and adds strength below it. Just like an upward spiral.

Now there is more selling along the way because of taxes and living allowances and not all of the money goes back into the company. Its only reasonable, they have to live too.This could also be considered a form of self funding for the company. As new investors are brought in at different sp levels, they need to be shown where the value is to intice them to buy at this level so they can expect a return on their investment. This is done by showing these new investors results to date and what to expect in regards to progression in the near future. If they feel comfortable investing at higher levels, they will.

What has made us slip a gear on this forward motion, was the fact that news has been stopped, and promo became harder as a result. I would guess it has been a real challenge as of late for the promo team to get new investors, for this very reason. These higher up the chain investors, require some assay proof, before they would enter at this high speculative $2 price range. On the other hand, Lori may be in an awkward situation right now and CANT release any numbers to the public that can be used in promo. She may be keeping them back so as not to leave the sp go too high too quick, until we establish a strong sp base at $2 as a precautionary measure or because of the possibility of a lowball offer. Either way, it has left us in the situation we are in right now, a stagnant suppressed sp. I have every reason to beleive, that although we don,t like the present sp, Lori may have had to do things this way for the greater good.

Now if we were to get institutions in on these promos, the sp would most likely not be this strong at this stage in the game. IMO, it was better to leave them out and strengthen the sp as it is currently done. This big money they offer to the stock, will come when warranted by drill results,if good, BUT they will have to buy in at current levels, which should only boost our sp strength if results are good.To get this far without getting financial help from the institutions is an incredible feat. You don,t see this everyday.

I have come to realize why my timelines were overexuberant, because I fully didn,t take into account many other things that may have been transpiring in Lori,s head. I didn,t take into consideration, her options she would have if results are good or bad. I know if results are good, she would most likely opt to hold onto them for as long as she could, for apparent reasons. If they are bad, she would have a lot of explaining to do to the regulators if she sat on bad results for months. So again, its most likely more probable that results will be ok.

The fact that we have results due from over a year, makes me think, that maybe even these results from previous sampling would provide some suggestive hints that Lori does not want in the public domain at this time.

This is just my opinion and is the way that I look at things. Everyone draw your own conclusions.