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: The Trend is your Friend

The Trend is your Friend

posted on Feb 09, 2008 06:29AM

I have heard it mentioned many times in the past and recently quoted by PM on this board that we let our spectulative plays run. I do agree with this very much and remind those to also remember the the trend is your friend;until it tells you otherwise and folks we have appeared to have broken the down trend (see attached link) and look to be on the next trend up. So the question now is, and depending on your investment strategy (ie. hold until 10, 20, 30, 40 etc) does one take profits at the peak (as if you can quess it on NOT) and buy back at lower prices or just plain hold. NOT, in my opinion would be a risky day trade or swing trade given all the news and action surrounding it so I plan to hold while we are in the upswing. There is way to much happening currently to suggest trading this one given the risk rewards. I am not telling people not to trade it as that is totally ones choice, but NOT is way to exiting and risking to move in and out.

http://stockcharts.com/h-sc/ui?s=not...

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