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: MANIPULATION - IN ALL IT'S GLORY.

Everyone assumes that any of the houses, such as RBC, or Scotia, or even anonymous, is one entity, and that is incorrect, although I would agree that that last dump by anonymous was one trader.

An example is myself. I have been accumulating at .35 or less for the last month or more, but also had a stink sell in at .38. I was out all morning (west coast), and when I returned, I realized it had been filled. As the action had waned a bit, I dumped a bunch more at .37. I used RBC for all the sells, but someone else used them just as much when buying.

I talked to a couple of people after that, and although I can't say for a fact, I am sure one friend did that dump at the close. He often uses anonymous for some unknown reason.

There is likely lots to be said as to whether I should have sold at that price, but I can't attribute any of it to manipulation. It is also dangerous, especially on a friday, as the weekend could bring fresh action monday morning that takes the SP well north of that .38 mark.

On another note, I get a chuckle at times when Wes, or someone of equal stature says they have heard something through the grapevine about road rumors, or rail rumors. You can bet they have (or should have) their ears to the ground, and are all right up to date on whetever is happening. As to that news release this morning from (GCA?), If Wes and Frank weren't actually there, you can bet your boots they were fully aware of it happening.

Best regards

K

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