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: Strategy

Strategy

posted on Sep 13, 2007 12:55PM

 

I'm going to type OUT LOUD here and see if I can get what's happened straight... and what to do next.

Crazy ride, ballistic rise... time to cash in?

NO.

Why NOT?

Well, if I were new to NOT and looked at everything as it is today, listened to the chief, looked at the cores, studied the voicey bay story, looked at windfall, saw the big boys were in town, and knew that this story was really just a few days old, would I think $4.00 was a good price and something I might want to get in on?

YES. SO WHY SELL, SHOULDN'T I BE BUYING?

This reminds me of how the shareholders of ARU must have felt in the early days. I came on board at $18.00 for that one... a long way from the day when they were fretting just like we are today.

Also - Did you see all the posts today from folks who were waiting for the correction so they could buy in?

THE PLAN.

I have an indeterminate number at this time in mind. My % number, somewhere between 15-18%. (I don't want to make it too small because of the inherent volatility of small stocks.) If the price drops to that % from the high, I am going to take out my original investment AND a little fun money. BUT LEAVE THE REST.

I will continue with this plan in ever decreasing increments OR I may never have to execute the plan! The poor bastards who sold at $1.19! I don't want to have to tell my grandchildren about the one that got away!

POSSIBLE FLAW IN THE PLAN.

If I'm not around to execute the sale I might lose more then I wanted to.... (My on line brokerage will not let me set a STOP LOSS on an OTC stock. ), but I can't eliminate ALL risk.

Thanks for listening. It's a big help to type OUT LOUD.

We have certainly been blessed today!

LOVE YOU ALL! AND THE WHOLE WORLD!

BK.

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