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: Well Well Check this out, SHORT history!!!! 3-31-08

Glorieux, you posted:

Those shorts changing by 1M shares in one month is very bullish. Shorters usually know the game very well, they have to, to survive. I am happy to see they have covered so agressively in the last month. I could be the reason our SP is so low...

With all due respect Glorieux, when short postions are covered, individuals or institutions must buy shares which typically results in share price appreciation.

Can you clarify how short covering can result in our share price being low.

Milsy1

Milsy1

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