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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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MKennedy

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posted on Mar 05, 2008 05:23AM

We saw yesterday that the MM's tried extremely hard to keep NOT low (even dipping below the $6.00 mark to a low of $5.76). What do people think is going to happen today? I doubt we'll dip below $6.00 again but I can see us going below $6.50 and then recovering to make a strong finish above $7.00. What are other people's thoughts?

Bank of Canada slashed rates yesterday so we should see a green side of the market today, banks also lowered their prime rate (5.25%) or at least RBC did (I work for them ;) ) so that should also have a positive correlation in some regard.