Normal 50% retracementSeen this pattern develop before when the share price went from $1.30 to a high of $4.50 and then pulled back to a low of $3.02 (~50% retracement). Now we have a case where the share price has gone from $3.02 to a high of $4.92 and then pulled back to a low of $4.00 (~50% retracement)...history repeats itself imo.
The short term bottom has been hit this morning, and we can resume our upward climb...driven mainly by more steller drill results. We won't have to wait very long for the next catalyst as the next batch of assays could come out any day. GLTA