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: why is nobody buying at this 'low' level?

With the low volume the shorters can play this alot easier. Remember there are just over 3 million warrants out standing. That means if these warrants are in the hands of traders who are willing to short to make money on the way down like on the way up, these warrants make it easy for them as at the end of it all they can pay back any shares owing by executing their warrants. It will only be went we have proven a larger find in the present pod or hit again in a second pod will we see the next gap up. IMHO I don't think it is if, but rather when.

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