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: Wow, a little success here and people have become teachers!

LOL!! I agree with almost all of it, too, nice posts by Brent and by Sum. And averaging down - watch out for that - it's usually a euphemism for throwing good money after bad and just offers a rationalization for someone who wants to prove to himself and others he wasn't wrong in the first place.

I would say you forget about your average price, and buy more or sell some, based on how things look right now and going forward.

But never have a disproportionate amount of your investment dollars or net worth in one company, no matter how well you think you know it. Of course, that doesn't go for insiders. Things happen to sink stocks that one never anticipates.

This one could be a big winner, but there are obviously risks and issues, or we wouldn't be trading below a buck.

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