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: my take on this insider trading!!!
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glorieux:

See how fast they can make a story? You say...

 the real info is that Novak sold 50k shares, 25% of his portfolio.

And it doens't matter how many corrections there are, this bit of misinformation will be the quoted one.

What really happened is more complicated... He had 100,000 shares. He cashed in his 200,000 options and sold 50,000 of them at market, and 100,000 in a private sale, netting him 150,000 shares, which is 50,000 more then he started with.

so the headline SHOULD read

NOVAK increase his number of shares by 50%!

See how they do it?

I am glad for all those who picked up shares today. Myself, I am tapped out for now, but happy.

BK

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