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: Gobs of manipulation today....now here's a question...
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what are the charts telling us & is near the bottom?

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Charts telling us: it is not sure if NOT is near the bottom, but 0,47$ is the lower low YTD.

I do not think it is the better time to buy...

With actual metal (and commodities) price, around 50% of worldwide metal plant do not make money.

IMO, Majors in commodities must announce plant closure:


Some announcement of closure today:

http://www.orlandosentinel.com/busin...

http://www.reuters.com/article/marke...


JMHO,

Near term: more plant closures needed to lower inventory,

Working Bailouts needed in USA, China and Europe

Around March 2009: Metal price will begin to rise again ...


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