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: Sellers will be saying

Some sellers are not in Noront for the long haul but interested solely in short term gain with no pain. It does take all kinds to make up a market.

Personally I'm very conservative in both my valuation and expectations  as some will note from my pervious posts. I did sell some of my position just because a pull back seemed likely. Could have missed out but it seemed worth the bet and mean I could buy in this morning on opening.

Downside risk once again seems far less than potential upside gain in both the near future as well as what can be expected in mid to long term.

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