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: Desperate to cover shorters....

Take a look at the  short position in relation to the  chart... Each time there  has been a  nice  runup  it  has  been the  reduction in  short  position  that  has  propelled it.....There  is  still  a significant  short  position to be  covered.....What  was their  sell price????

Maybe they are   just  desperate to  cover, and  that  means a willing  seller.....No better  place to get  sellers  from than the  longs.

Facts are  facts......  grade is  king and  NOT  has  some of the  richest  grade ore in the  world, it is near  surface in a  mining  friendly province in a  mining  friendly  country.

Risk in  staying  long...... minimal.... risk in  being  short....limitless

I don't have to convince anyone  to  sell or  buy  the  stock.... all I need to do  is let   RN do  his  job...... sit  back and  enjoy   the  Xmas season..... one that  is  considerably nicer for us longs because  of  RN  and  NOT. 

 

Short  position:

Looks like they  need  almost  a million shares to  close and the  volume is  very  weak....... Thats  why the  desperation...... squeeling like baby  pigs....LOL

Short History
Symbol Report Date Volume Change
  NOT - V 2007-12-15 891,800 44,800
  NOT - V 2007-11-30 847,000 -30,200
  NOT - V 2007-11-15 877,200 -271,825
  NOT - V 2007-10-31 1,149,025 -1,218,475
  NOT - V 2007-10-15 2,367,500 47,293
  NOT - V 2007-09-30 2,320,207 -249,593
  NOT - V 2007-09-15 2,569,800 2,221,300
  NOT - V 2007-08-31 348,500 348,500

 

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Dec 24, 2007 05:50AM
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