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: Tempted but No thanks

Tempted but No thanks

posted on Mar 24, 2008 06:03AM

For a few minutes there I seriously considered selling 10K Noront to pickup the 30 cents over Thursdays purchase. Now my head has stopped ringing from slapping myself I'll say why that was really dumb thought.

Yes on low volume the price has creeped up nicely and yes it could easily drop back down on that same low volume, helped a bit by MM games. HOWEVER, if you sell those shares at what you think is the high today just you try to buy them back cheaper. Not, in my humble opinion, going to be easy. The small profit just isn't worth the risk of missing out on pontential news to update everyone's knowledge (or guesses) about DE1, 2, 3 etc. 

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Mar 24, 2008 06:07AM
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