HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: For what it is worth......
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Sep 19, 2007 07:33AM

Yes, given the length of the halt, more meat would have been better. However, as people have pointed out, teh PGM assays take longer, so this explains the longish halt as news was already leaking last week...

As I mentioned last week, I think the increase in SP last Thursday was a move to price-in this leaked news, hence the halt... 

I am not sure what the market will do with this in the short-term, but if it foolishly pushes down the SP down due to a percieved anti-climatic nature of the NR, this will be probably the last time one will be able to buy shares below $4.

I believe this thing will be big... 

Regards,

B.


Sep 19, 2007 08:44AM
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