Re: Riddle... patience

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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dvdgray

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Re: Riddle... patience

in response to

Riddle

From_Sudbury

posted on Feb 02, 2010 11:47AM

Hey, FS- one possible explanation is that the uncertainty of when the negotiations with the First Nations might conclude. The market *expected* good drilling results, and we got them. The market doesn't like uncertainty, but for those with long timelines (Go Longs!), this presents an opportunity.