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)

Free
Message: it appears the brokers pushed this

None of us can figure out where the shares are coming from to meet the 3 million volume yesterday and high volume today.

It just doesn't seem likely these are being pried out of the hands of 'retail' investors. Market Maker doesn't usually hold enough shares in the pot to accommodate this either.

Either some institutions are letting go of some shares to replace them later with 'options/warrants' or it's just a bit of game playing by big boys.

Wish we had a handle on this as it could be important. Personally I do believe it's a bit of a planned move to remove as many shares from Retail Hands as they can at what is still undervalued share price. On a day to day basis the rule seems to be screw the retail investors anyway you can and right now that means getting us to sell before news.

Share
New Message
Please login to post a reply