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: Now who was it that...

Off Topic, but not by much because it does apply to our shares.

It is not hard to 'predict' the sp provided one is confident there is no news comming.
Our sp dropped recently and yesterday in particular, in my prejudiced opinion of a PM bug, due to the precious metal's prices and not much for any other reason. ( Well, we all have said due to long outstanding lack of infrastructure news.)

Nickel and chromite are not much affected by precious metals prices as most commodity metals, but we do have platinum, palladium and copper is a semi-precious one. The are loosely tied to gold and silver. While gold and silver's shoe laces are tied together and they walk in step.

Taking it further, these precious metals are dumped upon to keep the western currencies afloat. Gold price is around 1650US$, how long will it be in this range or lower? As this persists and we have no news sp will slide.

At this time there is the possibility ( and much delayed ) of Quantitative Easing No.3 being applied and of course being hottly denied by those same powers. With that pressure present PMs are the targets by default. Noront as any other stock holding
substantila PM assets are maimed by the ricochet effect of metal prices.

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