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: my interpretation of events

my interpretation of events

posted on Oct 31, 2007 06:49PM

We hit something big. Wether it was great assays coming back or great visuals, I do not know. In either case, my line of thinking involves the intraday mommentum the last 2 hours before the halt. From 11:48 to 12:48, the volume was about 200k shares traded with no change in SP. From 12:48 to 13:48 at the halt, we had about 1.7M shares changing hands and the share price in one hour climbed an astounashing 10%. 10% IN ONE HOUR!!!!!!! something was driving this event and I suspect a leak. Knowing King Richard to be as good to his shareholders as his children, he immediatly called a halt. If I am right, we are in for one great news release...I love hypothesising but if I am right, this will be a fun release to read and great to kick back and enjoy the show. I hope we all need popcorn tomorrow!!!!!!!

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