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: Re: naked short list info.
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Jan 14, 2008 10:52AM
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Also, please explain what happens when the holder of a warrant or convertible instrument wants to "pre-sell" the shares he will be acquiring. Where does he get the shares to short, and assuming such shares do not exist , does that make his short "naked". Because heĀ  is not really naked, holding shares "in expectancy." Must be someone out there who can fill me in on this. My assumption has always been that there is absolutely nothing in the Canadian systems that could possibly track such a legitimate form of shorting.

As well, when there is no new news, why would we be expecting share demand to exceed supply anyway, especially at these values. There is such a thing as short term equilibrium, and just maybe that is what we are experiencing.

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