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: Re: Please correct me if I'm wrong

"For the short term investors, it sort of translates as no news compared to hole 49 which increased total assumed (inferred) tonnage. The decreased SP is backtracking what in the last week was an SP increase in anticipation of increased tonnage. If this is the case, it is simply honest downward pressure. Why suppress (manipulate it down) unless someone has inside knowledge that the deep drills already found nickel"

Some interesting points but:

Why the burst up to 1.52?

Why the wait before the trounce which generally doesn't happen to NOT? Usually the attack is quite quick.

Why the typical houses attacking the sp as they've been doing for weeks now? Why the ardent attack when at the very least the report provides a demonstration of potential growth?

Perhaps, not only does someone have knowledge, but knowledge of and interest in a pending take over.... speculation of course but it was also spec. for KWG and SPQ.... but not any longer.

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Jun 04, 2010 09:40AM
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