Re: Does anyone know Clarus's position currently?

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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Francis Dube

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Re: Does anyone know Clarus's position currently?

in response to

Does anyone know Clarus's position currently?

new_guy

posted on Aug 08, 2009 06:19PM

When the PP info is announced, I would not be surprised if Clarus bought some shares there.

We should have a release on the PP in the next 2 weeks. If it comes out filled with over allotment and is announced this week, that would be very bullish and those that sold shares to buy into the PP and could not get them, they would have to buy back into the public market and this will drive us up again. Anyone sitting on cash, if you see the PP filled, you may not want to wait too long to buy back in at these prices. Also, the PP filling this quickly would get the attention of other big boys. NOT being fully cashed up and aggressively going after Eagle 1 at depth can be very explosive over the next few months-hopefully, we have a very Merry Christmas but I would not be upset at a very happy Thanksgiving.