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: History will repeat itself again

History will repeat itself again

posted on Apr 23, 2008 10:45AM

Not long ago people thought $4 would be the bottom and kept saying it would go higher. But market didn't cooperate as sp dropped as low as $2.53 on Jan 22. Anything changed during that period could cause the ~40% drop? Nope. Someone may argue that market was bad. It's true. But to me it's just an excuse for MMs to drive it down and add as much as they could. It turned out a wild ride happened in the next 5 weeks to as high as $7.42 on Feb 29 with the DE2 announced.

As of today most people thought $5 would hold. But it didn't. As I'm typing it seems bottom still not found. What you do then? I'm glad familiar faces are buying. You are smart and doing the right thing. It might go lower in the next 2-3 days, but (I believe you had ear full of technical analysis by now) as I said in last message the faster it goes down, the higher it climbs back up. RSI 22, Bollinger 4.75, KDJ under 20 etc. do they look attractive to you? A huge reveral will happen anytime.

Mark my words here. In the next 5 weeks, we'll see NOT at $9-12. I'm managing to get another $30k to buy some more today. Man! You just have to love the oppotunity MMs give you.

Good luck all.

PS. BMK could as well repeat its Dec 27 super gain anytime if your risk level is high enough.

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