Christmas Present being prepared for us....patience, patience..
posted on
Dec 04, 2007 04:08AM
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)
We've heard very little and yet quite a bit predominidently with respect to news from DE. Windfall has had another great NR but of course its time is not yet here to pump this stock up to any significant level. So what makes me think our Christmas present awaits us and that RN is just making sure its wrapped perfectly in every way so that we're not disappointed?
So all in all....NOT bad right??!!...absolutely. I still say 5.00 is cheap..yes 3.80 was cheaper and somewhat unexpected...but now with the bottom pretty much set at 5.00 I see no reason not to be loading up again. I plan to buy more. As some have said before and they are right... once the valuation of the mine becomes more apparent buying the stock at 10.00 will still be cheap. Its a matter of time and PATIENCE. Patience is something that falls in the eye ofthe beholder....however for something like this I think patience means hold...and monitor....don't play...just monitor. I know the day traders and swing traders will tell you different and if they are good at it they can make some money here. I still say you need to have enough money to buy in long at 1/2 the shares and then trade the others, always leaving 1/2 in. We all know there are those that do this and are likely very successful at it. All power to them. If your nervous...don't. You'll be dragged into another world..too much like gambling where you win one day...lose the next and in the end if you not lucky the brokers make all the dough. Be very careful if you plan on doing anything with your shares...the big news is yet to come and I figure the big news coming will only be small in the nature of things as this baby unfolds. So not to sound like I'm pumping...please do not get impatient...weeks, months can go by and the price will fluctuate, but in the end our NR have never been bad. Wait and Santa RN will be bringing you your special presents.
MM