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: What happened to 3.94 close on Thurs.?

Actually I watched very closely in the pre market... There was about 430K shares that were sell @ market... as additional sell orders were put in the bids were overwhelmed and the asks followed the market orders down to $1.70... I put in an additional 80K order at $2.05 less than 1 minuit before the open but the additional last minuit @ market bids drove the open price to $2.50 in the last few seconds before open.

This was shear panic selling by a few. A lesson in why not to use stop losses for some investors that had their shares snatched at the open.... within a few minuits the day high was achieved @ 3.94.... a $1.44 profit for the nimble traders..... wasn't me though, but sure was something to watch unfold.

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