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: House positions since the NR of hole 49

House positions since the NR of hole 49

posted on Jul 04, 2009 07:14PM

As you will see, we had lots of houses involved in the last 6 trading sessions. BMO, our biggest seller, had loaded up under 0.60 and cashed out after a 10-20% gain. The next biggest net seller was Anonymous which has been our net biggest buyer the last 2 trading session. We continue to do our DD here on Agoracom but the big boys are doing some heavy DD of their own to see if this is real or not. They are not waiting for assays before starting to increase their positions but once the assays come out, if they ressemble Eagle 1 numbers, the gloves will be off and we will start to see some huge daily runs like we did after hole 5. From what I hear, assays should be back by end of next week, around July 17th, give them a week to put the NR together, so I believe that by July 24th, we should have our answers. In the mean time, the trend in SP will let us know if the big boys believe these assays will be good. If the SP keeps climbing, our odds increase that those assays to be very good!

Glorieux

59 PI 540,000 347,000 0.64 98,000 65,210 0.67 442,000 -281,790
2 RBC 935,100 569,351 0.61 658,500 406,232 0.62 276,600 -163,119
85 Scotia 413,245 252,225 0.61 198,617 125,712 0.63 214,628 -126,513
33 Canaccord 261,600 167,984 0.64 59,500 36,110 0.61 202,100 -131,874
39 Merrill Lynch 786,000 410,720 0.52 620,000 322,690 0.52 166,000 -88,030
89 Raymond James 164,500 110,665 0.67 0 164,500 -110,665
79 CIBC 399,975 242,504 0.61 267,750 173,705 0.65 132,225 -68,799
6 Union 149,097 99,683 0.67 32,830 19,613 0.60 116,267 -80,070
19 Desjardins 163,900 96,696 0.59 48,000 30,415 0.63 115,900 -66,281
141 Bolder 120,000 73,800 0.62 10,000 6,500 0.65 110,000 -67,300
5 Penson 109,000 62,175 0.57 0 109,000 -62,175
44 Jones Gable 110,000 72,890 0.66 15,000 9,150 0.61 95,000 -63,740
46 Blackmont 104,000 67,180 0.65 50,000 33,000 0.66 54,000 -34,180
7 TD Sec 1,165,510 695,892 0.60 1,115,700 692,525 0.62 49,810 -3,367
36 Latimer 123,300 76,931 0.62 79,500 49,475 0.62 43,800 -27,456
83 Research Cap 32,000 21,400 0.67 0 32,000 -21,400
25 Odlum 31,000 21,175 0.68 0 31,000 -21,175
88 Scotia iTRADE 211,400 123,790 0.59 186,500 116,205 0.62 24,900 -7,585
68 Leede 18,000 11,520 0.64 0 18,000 -11,520
58 Qtrade 21,000 13,375 0.64 12,000 7,520 0.63 9,000 -5,855
94 Hampton 8,000 4,240 0.53 0 8,000 -4,240
14 ITG 22,100 12,701 0.57 17,400 11,368 0.65 4,700 -1,333
81 HSBC 69,000 43,490 0.63 65,000 41,390 0.64 4,000 -2,100
22 International Advisory 2,500 1,575 0.63 0 2,500 -1,575
95 Wolverton 237,500 153,150 0.64 235,500 150,505 0.64 2,000 -2,645
72 Credit Suisse 3,000 2,070 0.69 1,500 1,020 0.68 1,500 -1,050
37 MacDougall 10,000 6,435 0.64 10,000 6,700 0.67 265
66 Pope 0 1,000 560 0.56 -1,000 560
57 Interactive 700 385 0.55 2,500 1,514 0.61 -1,800 1,129
71 Brant 0 6,000 3,720 0.62 -6,000 3,720
15 UBS 0 9,200 5,152 0.56 -9,200 5,152
124 Questrade 15,300 9,365 0.61 32,030 18,697 0.58 -16,730 9,332
145 Woodstone 90,000 51,375 0.57 110,000 62,815 0.57 -20,000 11,440
17 Integral 0 20,000 12,500 0.63 -20,000 12,500
43 Caldwell 0 20,000 12,300 0.62 -20,000 12,300
54 Global 75,000 46,550 0.62 99,000 61,780 0.62 -24,000 15,230
11 MacQuarie 0 100,000 66,750 0.67 -100,000 66,750
12 Wellington 0 100,000 63,100 0.63 -100,000 63,100
27 Dundee 236,500 135,025 0.57 397,000 213,810 0.54 -160,500 78,785
80 National Bank 323,300 205,399 0.64 681,600 431,233 0.63 -358,300 225,834
1 Anonymous 1,088,500 693,225 0.64 1,838,000 1,099,325 0.60 -749,500 406,100
9 BMO Nesbitt 279,500 159,430 0.57 1,121,900 703,070 0.63 -842,400 543,640
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