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: Short Noront? be careful
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Sep 17, 2008 11:32AM
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Sep 17, 2008 11:38AM
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Sep 17, 2008 11:39AM

Sep 17, 2008 12:11PM
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Sep 17, 2008 12:28PM

I don't know why you feel you have to defend Bruce the Moose, but if you are itchin' for an argument, I'm in the perfect mood for a good one.

Point no. 1: I don't care if you understood B the M's statement of having sold all his Noront shares, even from a newbie point-of-view, as being perfectly rational to call it being "short".

Try telling a broker you want to go "Short" on Noront, and what you think you meant and what you actually meant will have vastly different consequences. Learn the terminology instead of defending an inflammatory, and patently untrue, statement, which had a hasty, paper-thin retraction.

Point no 2.

When B the M says he's "still in" a stock, and buying more, on the two lowest trading days it's seen since September of 2007, yes, I doubt he turned a profit unless he's been holding stock since the 60 cent range and only now gave up his shares for a whopping double or triple on his money when he could have had 1000%.

The other point is, the way trading works, is the "first in, first out " rule. The stock you buy in first ( let's say $1.00 ) is the stuff that gets sold when you place an order. If, along the way, you have picked up shares at 3 and 4 and 5 dollars, you will be losing money when you sell those shares at $1.58.

So there are holes in B the M's story, and that's fine, I don't require an accounting from him. I do question his motives, and choice of words.

I personally don't care if he shorted Noront all the way down from $7.00, it's half-truths and full blown lies that irk me.

Happy now?


Sep 17, 2008 12:57PM
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Sep 17, 2008 01:03PM

Sep 17, 2008 01:25PM
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