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)

Free
Message: Volume

Largest volume in 23 weeks. This run up is not a fluke, and seems to be more than a bottom bounce as I previously thought. I don't believe it is a infrastructure annoucement as Wes has stated that won't likely come until 1st half of 2012. Plus, govt's aren't known for their expediancy.

I do know Baosteel's warrants are priced at 1.17 ish. So that could be a target, maybe? However the nifty NR hints are especially encouraging. Guess there is nothing to do but continue to practice that annoying thing we call patience.

Share
New Message
Please login to post a reply