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: About today's trading....

About today's trading....

posted on Feb 05, 2009 05:16PM

Those really large chunks of stock that went through on single orders?.... can't say for sure but some think that it was a major player(s) accumulating. Hard to say, but that could certainly explain it. Why were all of the asks lined up to sell big blocks of shares of around 40k or so? There was no news and there wasn't any profit to be made particularly. If something bad was coming then they would have sold instead of just sitting above the bid prices and the sp would have seriously dropped. Interesting that they weren't around a few days ago to sell these shares but as soon as some interest raises the sp a few percent there they are along with an increase in the bashers whom we haven't seen for a while. I would offer that those folks who lined up to sell those shares would disappear real fast if a load of buyers came along. Looks to me like a very serious wall that meant business in terms of scaring off too many buyers that would jack the sp up. One could theorize that we are close to some action and the big players showed their masked faces today in those cross trades picking up their shares. This is all very interesting in light of the earlier rumour not to sell your shares as there would be a substantial boom to the sp early Feb., if you choose to entertain rumours. I don't, but it's interesting. The BOD isn't ready for the news yet so we'll have to wait until they think it's time to beef up the sp..... if that is how they are operating.

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