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: Okay, I'm Confused
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Okay, I'm Confused

posted on Sep 04, 2008 08:10AM

Okay, I get the rationale behind the whole accululation scenario. Put up a wall to accumulate shares cheaper than the wall that you have put up.

What we are seeing today I do not beleive to be accumulation. Looking at the price by volume indicator (or just level 2 for that matter) far more shares are being dumped in the bid than being accumulated.

Is the dump into the bid (walkdown of our shareprice) a precursor to hopeful accumulation at these levels by those dumping into the bid? Again, it can not be called accumulation when there are far more shares being dumped than those hitting the ask.

Anyone, Coswil, Anyone?

Cheers,

Milsy1



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Re: Okay, I'm Confused- Now I am confused.
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Milsy1
Sep 04, 2008 09:26AM
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