Re: Face the Fact ... old Badjak1 post.
in response to
by
posted on
Oct 26, 2013 11:41AM
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)
Rico , may be you should read back an old message from Babjak that was posted in Nov 2010.
Rule six should be re-named ....Noront.
Lets see if Noront fits the description.
1) Evidence of a large price drop? CHECK!
2 Market maker sees this is a real deal? CHECK!
proven deposits that are money in the bank. McGuinty very close to announcing something...Michael Gravelle during gov't minutes tells us there is something in the works that will be very good for the North after he is being hammered by Gilles who is indicating that Noront's intention is to pull the goods out of the ground and ship them God knows where for processing ...meaning no refinery ...meaning no jobs....and Gravelle in response is stating something good is in the works...meaning infrasture...meaning job creation....McGuinty in Hong Kong talking about the ROF and last comment is ...things went very very well. Is anyone out there not seeing that this is a real deal?
3)The accumulation phase was TOP SECRET. The noise level was deadingly silent?
Is news deafingly silent? CHECK!CHECK!CHECK!CHECK!!!!!
Rule 6 below.
"RULE NUMBER SIX: IF THIS IS A REAL DEAL, THEN YOU ARE LIKELY TO BE THE LAST PERSON TO BE NOTIFIED OR WILL BE DRIVEN OUT AT THE LOWER PRICES."
Like Jesse Livermore wrote, "If there's some easy money lying around, no one is going to force it into your pocket." The same
concept can be more clearly understood by watching the tape. When a market manipulator wants you into his stock, you will hear LOUD noises of stock promotion and hype. If you are "in the loop," you will be bombarded from many directions. Similarly, if he wants you out of the stock, then there will be orchestrated rumors being circulated, rapid-fired at you again from many directions. Just as good news may come to you in waves, so will bad news.
You will see evidence of a VERY sharp drop in the share price with HUGE volume. That is you and your buddies running for the
exits. If the deal is really for real, the market manipulator wants to get ALL OF YOUR SHARES or as many as he can... and at the lowest price he can. Whereas before, he wanted you IN his market, so he could dump his shares to you at a higher price, NOW when he sees that this deal IS for real, he wants to pay as little as possible for those same shares... YOUR shares which he wants to you part with, as quickly as possible.
The market manipulator will shake you out by DRIVING the price as low as he can. Just as in the "accumulation" stage, he wants
to keep everything as quiet as possible so he can snap up as many of the shares for himself, he will NOW turn down, or even turn off, the volume so he can repeat the accumulation phase.
In the mining business, there seems to always be another "area play" around the corner. Just as Voisey's Bay drifted into oblivion,
during the fourth quarter of 1995 and early into 1996, the same Voisey Bay "wannabees" began striking deals in Indonesia. Some
even used new corporate entities. Same crooks, different shingles. The accumulation phase was TOP SECRET. The noise level was deadingly silent. As soon as the insiders accumulated all their shares, they let YOU in on the secret.