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: Theories that see a bit odd

Theories that see a bit odd

posted on Oct 11, 2007 03:39PM

Does anyone agree with me that we sometimes get carried away in thinking that someone is out to get us?

Talking about 'they are holding down the price' or 'it's the market makers doing it' or 'short sellers' or 'day traders' when you've a trading volume of over 7 million shares seems silly to me. Of course they might, or might not, have participated today but there isn't even a slight chance that one of them could have directed the price.

We're seeing the results of good press, RN getting the word out, some nice results, very high gold price, high Canadian dollar and investors seemingly ready to 'take a flutter'.  If the speculator gets nervous, holders become reluctant to let go of stock, gold (and/or base metals) go lower etc. etc. etc. this stock will move and move more than you would expect.

Remember I've not even mentioned good or indifferent core sample results. At the moment the stock seems to move up and down just fine without them.

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