When Emotion Rules

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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Incobrat

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When Emotion Rules

posted on Dec 04, 2009 12:03PM

Because they don't like NOT, Posters on the FWR board are still saying hold on to you shares and wait for a better offer or until NOT's SHP reaches $3.15+ to equal Cliff's offer. IMO, there is a very real possibility that FWR will be taken over by one of these present offers. So while the FWR shareholders shp is stuck at $0.88 and they are waiting for better offers, we NOTers are already enjoying very nice appreciation with no upper limit.

Personally I sold my FWR at a nice profit shortly after the first Cliff's offer and bought more NOT because I lost confidence in FWR management to protect my investment. Since then I am enjoying the ride and while I do favour NOT's offer I do not really care who wins. IMO missing the NOT ride waiting for FWR to rally does not make sense.