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)

Free
Message: PS....Mining Junkie

You either believe in this baby or you don't. I will continue to add to my position when the opportunity presents itself and both yesterday and today presented those pportunties. Yesterday I picked up a few thousand for 5.14 and I further increased my position today at 4.80. I will add further if I see a self off on light volume and a drift down to $4.50.

 We have heard reputable analysts predict a $2B market cap, so even if  our tonnage is half as good as expected (doubt it) and we achieve a $1B market cap, we are good for a double from where we are at today. I am comfortable with a double even if it happens in 2 years time. That would be a 50% return per year which you can't find even with the best of companies.

 Don't forget the rule of 72. If you earn a respectable 10% return a year it would take you 7.2 years to double your money. Now I know that we don't want to wait for 7 years to double this stock, but waiting two years even if the market cap is half of what has already been quoted, is fine by me. 

Stay focused, patient and you will be rewarded handsomely. Continue to add to your positions whenever you can without dipping into the grocery money.

 The ring of fire will be too hot to handle! See you at $20.

Share
New Message
Please login to post a reply