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: Formation Triangle !!!
4
Dec 15, 2011 08:55PM

Yes, to me, regardless of when news comes out, NOT is in an upward trend currently and it is showing significant strength against some pretty ugly market action. There is a support for NOT right now that is very unfamiliar to me given NOT's track record over the last few years. With all of the doom and gloom about productivity and potential oversupply of commodities, it is interesting that a company that isn't even producing is holding very strongly. It can only mean that something significant is expected that outweighs world blues news, investors are at a point of needing to see value added as opposed to being able to taking profits hence the drying up of share sales (not withstanding dubious trades and crosses) and that the current price is perceived as still very cheap and now is a good time to invest and/or stay invested....whether news is coming sooner or later.

I trade with senses tuned into momentums in addition to some other tools and, though I've been wrong many times, I've been well in tune with NOT of late and I'm progressing with a very strong sense that there are so many more expecting something from NOT ....than not, which means that the tide is turning toward more motivated buyers than sellers in spite of the market. Today ended yet again with a move up with buyers at days end doing some zipper trades on more than a handful of shares, removing us from what would have been a finish in the red. We'll no doubt see volatility like everyone else but I expect to see a continuation of our upward trend. But then again....maybe I'm wrong. Regardless, I'm ready to respond either way.

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