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: Roulston has a excellent write up on metals market in latest letter

Re: Roulston has a excellent write up on metals market in latest letter

posted on Feb 19, 2008 02:43PM

Notice that copper inventory dropped 10,000 tones today on the LME.... single bigest drop since I have been watching.

That is not the confirmation of recession but confirmation of development continueing in China and India. Copper is the leading indicator of strength of metals market..... no infratructure is built without consumption of copper.

When the doom and gloomers finally get tired of squawking like seagulls, the momentum will return in the market. The average investor is still being impacted by their retoric.

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