One interpretation

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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One interpretation

posted on Feb 08, 2010 10:45AM

We seem to gently be holding our own around the $1.40 mark. Seems like the willing sellers below this are gone. Genuity and CIBC still selling but seem to have lost their aggressiveness to drive us down. This could be because they are close to finishing their large orders. Again, once they stop selling and Noront makes it official that normal activities will resume on the 18th, we should see many jump back in driving us back to at least the $1.65 level fairly quickly.

I am finised buying what I wanted to buy and now happy to sit back and see how this plays out.

Good luck everyone,

Glorieux

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