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: Guesses about Monday

Guesses about Monday

posted on Oct 14, 2007 06:01AM

Say we have another 20 million share trading day. Figure a strong open but all but the bravest or most desperate holding back to check direction of movement.

Now some day traders and that includeds the big boys trading for their own account will be looking for opportunity to buy in on upward movement and sell back in at higher price. We'll need this kind of action to support a 20 million trade day so more power to them.

No new news either as that would really screw the pooch and all bets are then off.

My guess is Monday close up another 50 cents with prices pushing the $5 barrier and real barrier this is. If it breaks thru $5 then I'm at a loss to even guess where it could end.

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