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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: Re: Vanadium - What needs to be Understood
6
Apr 30, 2009 02:44PM

And with the Following, it is very apparent that someone (Hedge Fund Types - anyone???) used this NR to manipulate the April Close SP of NOT so as to keep their Blind Ignorant Clients Happy with a False Bounce in their Balance Sheets???

Or am I too suspecious as to how things really work, though the OSC may not be?

Remember:Timing is Everything"???

And todays Rally began long before the NR was Officially Out!

Who Knew?





DANBURY, Connecticut, February 27, 2003 - Strategic Minerals Corporation, headquartered in Danbury, Connecticut, has decided that it will continue to meet most of its feedstock requirements in South Africa with purchased vanadium-bearing slag and not mined ore from its captive mine. As a consequence, it has renewed an existing contract for purchasing vanadium-bearing slag for the period 2003-2006.

"The vanadium industry has enormous capacity in the form of vanadium-bearing slags, by-products and co-products," said William G. Beattie, Chairman of Strategic Minerals. "With over two-thirds of worldwide vanadium production derived from by-product or co-product sources, mining capacity has a swing role. This decision conserves our ore reserves and maintains our flexibility to expand mining operations when market conditions warrant."

Strategic Minerals estimates worldwide vanadium-oxide production capacity at 250 million pounds annually, with current demand running at about 155 to 160 million pounds. Non-mining sources alone could presently supply 170 million pounds annually, much of it at a low-incremental cost.

Mr. Beattie added that the economics of the vanadium industry, especially the "swing" role of mining, remains widely misunderstood today, creating a potential trap for investors in new vanadium-mining projects. "It's very easy for new mining advocates to underestimate the diversity, magnitude, and persistence of vanadium from non-mined sources," he said. "Also, investors who lack a complete understanding of the industry's unique structure can be easily misled by short-term fluctuations in supply, demand, or price."

February 27, 2003

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