Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Conspiracy theories

Re: Price Manipulation

posted on Jun 22, 2008 04:56PM

I believe in price manipulation

I believe it happens.

I also realized our company took a chance and built the mill when we had the opportunity to build it. We also did not sell our shares when the Ni price was high. If you asked anyone who owned shares then if they would have sold their shares at $4 a share and rebought their shares at these prices everyone of us would have.

Now, since we did not sell when we could have we have just been patient. We use this forum to vent because it has been frustrating. I share information because I know how I feel and I know others feel the same way. I have the ability to get information so we have something positive to think about. I have the ability to phone IR Chris and he has the patience to talk with me. I have learned so much this year.

ExSudbury Guy, you were blessed with learning the business from the ground up and watching many mines develop. You learned how SP change from experience. We were not all blessed to learn that way. Me, I am learning from Liberty. I learned about what will make a productive mine.

Liberty, developed a large land base over time. They hired people who were able to raise money at a time when Ni prices were high. Gary, has had phenomenal contacts with the institutional background and the international contacts. He has hired people who work very hard for him. He also has had the ability to deal with government and outside organizations to negotiate and process paperwork to make things happen. We are now at the cusp. McWatters and Hart are going to give us the resource and the money.

Now, negative forces - the law suit , the lack of ore at the beginning to make us instantly profitable . The economy. Our price really dropped after the show and Gary said we would do no more PP. That coincided with are annual statement showing a loss and the length of time it took us to get our financing and how much our financing has cost us. I watched covered prices being suddenly sold. I read Chasrey talking about his. Over a million shares sold in one day. I have watched the panic happen as prices dropped but some of us held on.

Yes ExSudbury Guy I believe there is price manipulation. I believe some use electronic programs for small amounts. I believe there are large lots put out for sale and they are used to make people who want to sell to ask for lower prices. I believe that at about 15 minutes before trading closes there are strategic buys and sells. I did it on Easter Weekend and as soon as I bought someone lowered it 0.10 and then I bought 1000 shares at 0.10 more to put it up. Yes it happens out there. But each one of us figures when we want to buy and sell - so we watch.

But I believe that in a years time we will be smiling. So I am patient.

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