Re: Level 2

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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ElPrimero

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Re: Level 2

in response to

Level 2

Junior112

posted on Jul 03, 2008 11:15AM

Looks like two size offerings:

27,200 @ 2.72 and

69,900 @ 2.75

Jim Puplava would call these "whopper offerings." They are intended to scare people or someone doesn't know how to handle a sell order. Jim says that there are times when prices aspproach whopper offerings that they just disappear.

I have thought in the past that the amount of shares offered, in numbers, relates to codes of actions between well organized pool operators. It negates their direct involvement with less than discernible foot prints.