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: 8 min lull.. who will make the first move? Drive up... or take down? EOM

Re: 8 min lull.. who will make the first move? Drive up... or take down?

posted on Jul 25, 2008 07:52AM

"Consolidation for the next 2-3 hours- then a move up. Next week should be interesting."

Quite possible. Looks like a battle for buying at the lowest sp using some takedown technique, but it's met with buying to bring the sp back up. Seems to be a range between 3.25 and 3.32 at the moment. At the end of the day there could be a concern for getting in before potential N.R.s for next week. If R.N. is still around the office as others have pointed out, this could be an indicator of something coming. We wait.

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