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: well, i'm still thinking/hoping that...

the cliffs' article could have caused maybe some excrement to hit the ventilator in some companies in the rof.

do they want to be taken out now when most of them are sitting at lows.

perhaps not is now protected by baosteel so clf cannot offer a 50% premium on today's price, saying it's quite a fair offer when looking at not's last month of trading.

but other companies certainly could fall under the spq/fwr scenario. so that's why there might have been some uneasy moments around the jbl today, with these 'margin' companies fearing that if their land has chromite on it/under it, then they had better find out for sure in order to improve their companies' share price(for themselves) before they receive their fair offer.

my thoughts of course and it was good to see house 99 sell 500 shares at a penny lower, at 15:59 and change so not was down .03 by day's end. 500 shares!!

anyway, it was a great article, surely making an impression by their stated goal.

cheers for more such articles and for reactions by the rof companies.

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