Re: $2.51 is still a good day

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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Edgy

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Re: $2.51 is still a good day

in response to

$2.51 is still a good day

englishsettlement

posted on Aug 05, 2009 04:17PM

I do not name it a good day. The sp is deteriorating and it will do so tomorrow without news out.

Note that a fair part of the buying was not just on the potential resource but on the hype that is associated with it. The hype is very fleeting, if not supported then it quickly fades and the news when it does come out will cause the sp to rise from a lower level and therefore may not give us the full bang that it otherwise might have.

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