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: My thoughts

My thoughts

posted on Sep 16, 2009 11:50AM

I have not read the posts here this am (except Canseco with 12 thumbs-now 13 ;-)) but I believe the Fear/Panic was overdone. Like I said last night, this was a good release. Someone from Dundee decided to sell some shares, less than 10% of their purchases in the last 2 months and the rest was all retail panic sellers.

Who scooped up the most: Anonymous, followed by Genuity and Penson. This wave of panic is already over and we are getting lower volume and increasing SP...we survived the panic very well and we can now build on these good results.

JJ said a new better map will be up shortly if not already up, HOOV, this may help you with your old eyes ;-}

Glorieux

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