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: Why?
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Nov 03, 2011 04:30PM

Qbert, Likely the individuals that bought in at the 5 to 7 dollar range ,used their dry powder at that point. If you've got no cash on hand it is hard to average down. Could be that many even borrowed to buy at those high prices. I and you may be fortunate enough to have averaged down over the months but others may not be as fortunate. I am still below water at this point. The other thing is that many averaged down at higher prices than the share value today. Who was to know where the bottom was and to wait till it got there. There are many who still hold shares at above $3. or $4 and I hope they will also be winners even at those levels. the deputy

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Nov 03, 2011 05:37PM
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