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: Mineweb Article: "The mining stocks picture is picking up strongly"

Mineweb Article: "The mining stocks picture is picking up strongly"

posted on Dec 18, 2008 08:56AM

An interesting article on Mineweb last night noted that a number of mining and exploration companies have recently begun to make significant stock price gains, and says that investors are starting to realize that many of these were way oversold beyond their fundamental value.

The author writes: "Those investors who had been doing their due diligence in the fallout have actually been able to make some spectacular profits in the past month or so with rises of more than 100 percent from their bottoms being recorded in a number of cases."

In another place he says: "There are primarily two reasons for this sharp recovery in values. Firstly there is the realisation that in general that the sector has been substantially oversold as commodities stocks were liquidated in the general financial panic without any real thought being given to the underlying quality of many of them."

To read the full article, click on the following link:

http://www.mineweb.com/mineweb/view/...

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