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: I'm going to rain on the "I'm glad I transferred shares to my TFSA" Parade.
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Re: All I am saying is that if you avg cost for NOT shares is $2, and at
some point over this past week you transferred 10,000 NOT shares from
your regular account into your new TFSA, you are no better off than if
you made that transfer today."

This past Friday I transferred 7,900 shares at .63. If I waited to transfer tomorrow at $1.35 the maximum to transfer would be about about 3,700. If we are back to $7 by the end of this year it will be worth $55,000 rather than $26,000. I would still have the other shares in the non registered account but they would be subject to capital gains. I agree though that the best way would have been to find $5,000 cash, but I couldn't.

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