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: Trading so far

Trading so far

posted on Jan 23, 2009 05:10AM

About what you'd expect. Those who expected spectacular decided to sell and those who understand the implications continue to accumulate. 1/2 million shares in 1/2 hour is impressive and price holding up well.

Interesting that on lower volume FWR is actually up and perhaps headed higher as Noront results very interesting for them.

Over the next few days we'll see interesting trading going on. If as many of us expect the accumulation over past week was by institutions and big boys who know what's going on then expect them to continue by gobbling up shares from those who expected an overnight double.

All the released news says to me is that the current winter drill program is now even more likely to turn up excellent results. Not going to get rich tomorrow but lets see what a few weeks does.

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