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: Re: Still wating for buyers to enter

Many posters have offered opinions over recent months regarding what will attract buyers and drive the price up. NRs have come and gone and on some occasions the price has spiked only to fall back; whether it be because of shorters, a lack of buyers, day traders....whatever.

My feeling is that the price will go up significantly only when:

1. there is news of huge proportions that no one can refute

2. NOT lands on the TSX (finally)

3. Confirmation of a bid (or bidding war) by Majors



IMHO



Archie277

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