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Message: Some technical matters affecting short term SP

Since we have all accepted the fact that we will probably not get any update for a while, these factors may affect the SP in December, so if you are on the hunt for cheap shares, keep your powder dry:

1. Some people probably bought their shares on the runup to $2.60. Keeping in mind that the last date of trade for tax loss selling is Dec. 23 some people will be selling their shares in early December in anticipation to buying back in January. With no news, the share price may decline if there a lot of asks and no bids.

2. Considering how close we are getting to the magic $2.00 level, it does not appear to me that the AMEX listing is on the front burner. Therefore, the anticipated "rush" of American investors will not materialize to boost our sales price.

3. I was under the impression that you could only sell short under the "uptick rule" yet the amount of shares sold short increased up to Nov 15 - what gives? If that rule is no longer followed, we may come under attack by short selling again.

4. On the runup to the AGM, it appeared that we had market makers keeping the share price in the $2.20 range. It appears now that any attempt to keep that range is past history.

Since the mountain hasn't moved (as far as I know), our investment in the long term is a lot more secure than the volatile large cap stocks IMO. I feel that any pullback in price, due to the lack of information forthcoming from management, is surely a buying opportunity and I have several buy orders in under $2 just in case.

Ismore

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