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: Shorters beward

Shorters beward

posted on Mar 02, 2008 04:51AM

Anyone who thinks shorting this is a good idea...beware....here are just some things that can happen before you have time to cover..

 -- major hit on the weekend and a halt first thing Monday morning (just imagine what would happen to the stock price on visuals of 50+ metres of massive sulphides on DE2 or DE3?)
 -- good news out of windfall (imagine, that while building the ramp they happen to stumble onto a massive gold vein)
 -- news out of China (who knows what is going on there...but RN did seem quite excited...I wonder how excited the shareholders will get when the news eventually comes)
 -- good news from their tungston property (who knows where the next surprise will come from)
 -- an area play hits some massive sulphides or some unexpected news comes back from the labs for Noront or an area play (how much is Rhodium trading for now?)
 -- coverage by more highly respected fund managers or other financial institutions
 -- a surprise bid or buy in by a major (ouch....that one would really hurt)

Now....maybe the stock goes down...I for one have taken some profits along the way and will buy back on any dips...however, to short this stock...wilth all that could happen...that is just plain crazy.

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Mar 02, 2008 05:34AM

Mar 02, 2008 01:55PM
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