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: Sometimes I wonder?

"Lot of similarity with you, my average is below 1,75$ now, thanks to these."
Frenchman you averaged down, so did I - So at whose expense?

To some degree at the expense of those very manipulators but they do not care because while they lose a few shares to us they also are to a large extent long holders and will get their profits soon enough. Also some of the shares that they bandy about with are not obtained at the price we usually think. They were from PPs and they come with a substantial tax benefit so the shares that they sell at 1.40 or so were officiall paid at 1.80 but with tax breaks their price could be 1.20 or so. No wonder the recent sp low bottomed at 1.20 range ( a hint).
Pitty the poor folks that have to sell their shares at these depressed prices to me and to these manipulators.

Just part of daily life, Ed G.

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