Somebody wants to buy a lot of this stock....
posted on
Jan 03, 2008 12:49PM
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)
After this morning's news release I can't think of any other reason why our price is staying down than the simple tactics of the big guys playing the stock to keep the price down and build their portfolios.
The only way the stock will rise is if the stop losses aren't so readily put on shares for them to kick out from under our feet. Personally I have left the stop losses off for over 3 months now. I suggest it might be the best game plan at this time. My guess is we will see some real motion once the Money Makers have the quantity of stock they are looking to accumulate. This is too good to be showing negative on the share price so many times. The best thing to do is buy on the dips like the big guys are doing. If they are going to create the dips we might as well join in on the feasting while we can.
I can't think this will go for much longer without a spike in the price. Its just too unreal right now. The stock value has to be much higher than this, especially with todays news. This find is awesome and it will grow as the new aero mapping has indicated. Hold your shares and/or buy more. But don't sell and don't let yourself be taken out of the play with stops being manipulated. Once the big guys know they have little more to gain then they will let this move to the next level and start the whole cycle again. It sucks, but its today's stock market. Not like it was in the early 90's when Diamond Fields hit their motherlode. Don't lose hope. Look forward to great times ahead. Its just a matter of when.
MM