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FlatEarthSoc

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FlatEarthSoc

Re: CdnGuy post# 3805

Thursday, 02/03/2011 2:59:53 PM

Thursday, February 03, 2011 2:59:53 PM

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thanks!

very important...

"Allana's share price has increased 107% YTD and is currently trading at 0.6x our NAV estimate (Exhibit 4). This compares with the peer average of 0.7x NAV, but we remind investors that Allana is currently being valued on its initial resource estimate which we strongly believe will be revised upwards following the release of the resource technical report (43-101) due in April. A bankable feasibility study (BFS) should be released by early 2012."

••



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