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: Patience everyone .....Khareema
22
Apr 01, 2012 01:27PM
1
Apr 01, 2012 01:43PM

K you wrote

A week ago we had RCF come out and announce they hold over 10% of the company, and their recent average cost was 61 cents. Now they have stated they have bought another mill shares around the 64 cent mark. We don't know just what is happening, but who cares. They sure didn't buy 22 mill shares at these prices in order to sell them for 50 cents.

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The press release states that the last 252k shares bought were at .6116 cents, putting them over the 10% threshold.

If they were buying every day since January, the most they would have paid for shares would be around 90 cents.

If we guesstimate, their average price paid could be in the 75 cent range.

I dont understand why 1.5 million shares were sold to RCF last week...OK , I know why, maybe why now? I mean we are so close to liftoff.....

Guess we,ll have to read the book when it comes out.

Hope we all make a wad of money on this someday.

GLTA

Ron

3
ANL
Apr 02, 2012 12:20AM
4
Apr 02, 2012 08:28AM
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