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)

Free
Message: Re: over $20 , not convinced
14
Feb 03, 2008 07:04AM
22
Feb 03, 2008 07:23AM
14
Feb 03, 2008 07:24AM
6
Feb 03, 2008 07:53AM
17
Feb 03, 2008 08:11AM
7
Feb 03, 2008 08:31AM

Perhaps I should back peddle just a bit. My feeling about the $20 figure is based on what, we hope, is released next week. That is visuals on some infill holes and visuals on one or more tests of one anomality.

I'm not talking about a month from now or two months from now when at least a preliminary resource estimate is made OR about visuals on 5 or 6 holes in DE 2 being announced OR any assays of these.

So, no assay results, no more than one hole on DE 2 with visual and no resource estimate to me equals max of $20

Now if the market wants to go totally nuts and chases share price above $20 one has to consider the shares overvalued until more drill results or assays are released. Could be an opportunity to sell and buy back on subsequent drop to reality.

To hold anywhere near $20 requires a lot more information than will be available within say a month, maybe two months.

Of course you'd like me to be wrong. I hope I'm wrong!

16
Feb 03, 2008 09:33AM
11
Feb 03, 2008 09:49AM
3
PM
Feb 03, 2008 10:01AM
4
Feb 03, 2008 10:02AM
1
Feb 03, 2008 10:13AM
3
Feb 03, 2008 10:26AM
7
Feb 03, 2008 12:24PM
3
Feb 03, 2008 12:34PM
3
Feb 03, 2008 01:13PM
4
Feb 03, 2008 01:22PM
3
Feb 03, 2008 01:31PM
2
Feb 03, 2008 01:32PM
5
PM
Feb 03, 2008 02:03PM
13
Feb 03, 2008 02:31PM
22
Feb 03, 2008 06:45PM
13
Feb 04, 2008 02:27AM
2
Feb 04, 2008 03:20AM
7
Feb 04, 2008 03:58AM
Share
New Message
Please login to post a reply