Clean Energy Transition, or transition.inc, is focused on opportunities to generate positive cash flow, across the energy transition

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Message: Re: They say more than they say...........

Jul 18, 2008 11:35AM

Jul 18, 2008 12:15PM

Jul 18, 2008 12:41PM

As far as I understood from talking to somebody in the company, the two main good news that were supposed to be read between the lines were:

- that mineralisation came to surface

- that nickel was found in the lava

These two points were confirming the presence of nickel both in the first dicovery and at depth (the two monsters lying deeper as seen on the 3D diagram).

Chronologically what we should see is:

- first a report of a high grade mineralisation found at depth

- second, a 43-101 of the first discovery zone before year end.

So I guess even the first next announcement might take a few weeks. As we have seen, the insider's selling (none other than the big boss himself) shows that he takes his time to play short and come back before the announcement. However his selling is not an indication that he is running away with the money.

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