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: NEWS - Windfall Lake Gold Project Update

After all the anticipation over the last couple of weeks, this is the best they could do. I'm a bit dissapointed.

I am still bullish on this stock espcially with everything that is going on, but its a let down that this is the only item they could report on.

I always say, under promise and overdeliver. A principle that has successfully guided me in business for many years. I would rather see Nemis working behind the scenes instead of talking to every Tom, Dick and Harry he runs into. His intentions may be all good, but the fact of the matter is, that people in general love to play broken telephone, so by the time a message is reported to the general public, it has been blown out of proportion. 

This stock will get to $20, but it will not get there tomorrow like everyone has been lead to believe. I strongly believe in this stock, that I picked up a few thousand more shares this morning at $4.70, so at least those shares are up 6.6%. I have to admit, that this purchase was partially made because of the expectation of great news today and also because there is great support at $5.00.

For the short term one needs to be careful of the "buy on rumor and sell on news" theory especially when News releases like the one this afternoon, isn't what people expected. The stock can get punished in the short term.

Here is to some major news next week.

 

 

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