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: buying

buying

posted on Jul 09, 2008 09:17AM

Al started a new position at 11:30EST yesterday at 2.46, but he noted that he had a ' TIGHT STOP ' on it, so he was probably booted out at $2.17 with just under 12% loss for day. But fact that he, myself and few other old-timers on McFaulds board are buying now in portions (i.e. 1/3rds or 1/4 allocations) is likely good sign for next month or two. We've done this several times since last fall, there are usually 2-3 enormous pullbacks (this is one) where you start loading and sell at $6-7 range. Hasn't disappointed so far.

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Jul 17, 2008 07:42AM
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