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: Off-hours post - Wizard of Oz analogy

Off-hours post - Wizard of Oz analogy

posted on May 08, 2008 06:45PM

Just to try and give you a feel for what's presently going on, I'm going to use an analogy, and I've picked a movie to use that should be universally known, whether you are an old geezer or a young pup. Basically, capturing the witch's broom will make all your dreams come true. Well, for us, the broom is the fantastic assay results we are awaiting (and, later, the 43-101 report of proven and probable reserves at Eagle 1, and, later, the news of the bidding war between Vale-Inco [CVRD - Compania Vale do Rio Dos] and Norilsk, Xstrata, BHP Billiton, etc., that will drive our stock price to the stratosphere). For those who were Boy Scouts and played "Capture the Flag" - this time we are playing "Capture the Broom" a/k/a "Capture the Press Release". However, we are up against dark forces. Our 'wicked witch', who desires to keep us from the reward of a much more highly valued stock, has allies on her side. Poisonous prostrating poppy fields, freakin' flying monkeys, and blue-faced boogermen with big bad hats, bad tempers, and big pole-axes. Well, some here are like the cowardly lion, wringing his tail in fright and worry. Oh, those freakin' flying monkeys (shorters in our case) are going to get us!!! So, we try to comfort and encourage and share some due diligence to calm them down. Or there are those who are letting the poppies dull their senses and are ready to lay down and sleep the sleep of death (i.e., sell out their shares) because we've been on the road longer than expected to get to our destination, and they feel like giving up and laying down (their positions). But, some fresh, refreshing, soul-enlivening snow come down to negate the effects of the poisonous, prostrating, poppy sleepiness. This we get from those who share news of their phone conversations with management, or those who share their encouraging tidbits of info from other sources who are less directly involved, but in a position to know. Finally, we have the blue-faced, bad-tempered boogermen with the big bad hat and big pole-axes. These are the types that come onto our board with all types of misinformation and outright blatant lies. They are serving the will of the witch (who represents the particular MM's [Market Makers] who are known for their merciless manipulation of stock prices, or the maverick day-traders who seek to manipulate price through tales of their own invention and for their own personal gain, depending on whether they are presently long or short.) But there are many who, like Dorothy, Tin-Man, Scarecrow, and even, Lion, when their backs are up against what appears to be formidable forces, stand steadfast, and find that, at the last minute, when the odds look bad, the deliverance that they hoped for and expected comes about at a moment they could not have predicted. A bucket of cold water unexpectedly comes to hand, to quench the flames that the witch has already started in Scarecrow's breast (i.e., the stock price actually dropped below $4.00!!!!!), and that same water melts the witch on the spot, never to be seen or heard from again. The news release we await is that bucket of cold water. We've already been apprised of the visuals on E2, and you don't see Pentlandite "eyes" in drill cores unless there is very, very high nickel grades. When these assays come out, whether tomorrow or next week, it is going to quench the flames of fear in the timid shareholders, and it is going to destroy the witch and her forces of shorters and naysayers and lay a floor under this stock much higher than what we presently see. Then we can take that broom (i.e., press release) back to Oz and be so richly rewarded that we can click the heals of our ruby slippers together and say, "There's no place like Rome, there's no place like the Riviera, there's no place like Acapulco, there's no place like (just add your favorite destination)." Because then you'll have the means to get there and enjoy the other benefits of being in the winner's circle.

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