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: Price and risk

Price and risk

posted on Jan 04, 2008 04:41AM
So, to summarize the legitimate Angst factors, it is a remarkably stable selling price considering events south of the border. The Fed got into this mess by raising rates too much too fast , mostly to protect the USD when there was actually not much inflation. The speeches target commodity stocks, ironically. If Intel sold nickel, do you think the Fed would be so agitated about commodities?  The relevance is that with many convinced the "right" price for Oil, gold and nickel are 300, 30 and 3 respectively,  a mining spec looks like Suicide.  This ams labor data even has GB  waking up.   So, why is NOT price so stable ?   Pointed out earlier, RN has sufficient Market Cap critical mass that the next $10mn is only 2% dilution at current prices. But money is scarce, so give the V/C guys a break, NOT will need them again. JPM balances the equation, and the really  BIG boys do not need anyone's $.  So, drill away RN, turn it into Lowland Swiss, and if you need a few more million, this board should help with tag day . Obviously, you need no (more) help.
 And the locals are not shooting at you, the government has not got its hand out, and the PM is not trying to assassinate or jail anyone !!
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