Re: New drill hole maps
in response to
by
posted on
Apr 05, 2008 07:06PM
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)
Anyone care to think out loud why the information tap is getting turned down? Why are they purposly trying to prevent us (Rockaur) from doing calculations?
My simplistics thoughts are to protect the big boys and their investments. The longer the price stagnates, the longer some investors get discouraged, hear of other plays and may move on. The big boys are sitting there just happy to pick up the cheap shares. RN is trying really hard in his conversations to let us know to hold on and accumulate. However, when it comes to NRs, I am not sure he is running the show anymore. Some things are changing.
Just looking at the volume lately is a great clue. Not many are buying at these cheap prices, mostly us longs have been fully committed for a while and are tapped out but not many are selling either. The other big thing is the short covering that has been done in the last month is incredible. On those low volume days, they still found a way to cover over 1M shares. The measly 200 and some thousands shares as of March 31st might even be covered as we speak. We have not seen this much short covering since hole 5 and we all know where the SP went after that NR.
Having all this info, along with Vale/Inco and Norilsk staking and about 6 NR topics (assays DE2, 43-101, TSX listing, Visuals on other Eagles, possible buy-in by a Major, Warrants time is up) to come in short order means this stock could finally be climbing very soon. Many of us here may have gotten a sense that this puppy can keep floating back and forth for some time yet. THAT COULD NOT BE FURTHER FROM THE TRUTH!! We have all been dissapointed with the SP and lately the lack of NR. We can feel it on this board in the last few weeks as well. I have to admit that although I have read every post, I did not feel like contributing much either. I thank those who keep posting good DD materials as this is still very important.
Where am I going with this rant now...I believe we are being lulled in a sense of "No rush for now, I can buy anytime...this stock just floats" Well I believe it is the absolute worse time for this feeling. We have been sitting on the edge of our seats for so long are a$$es are getting sore but the puck is getting dropped very soon and you do not want to try to play catch up to this stock when it goes. A lot of big money is waiting on the sidelines and they will be going hard when the pieces come together.
If you have been sitting on the sidelines with some money and wondering when the proper time to come in is, I think you only have a few days left before this thing really gets going.
Cheers to all longs and here's to a great week!!
Glorieux