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: Re: sinclair
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Apr 18, 2008 09:39AM

Re: sinclair

in response to by
posted on Apr 18, 2008 12:38PM

Don, that is exactly what happened last night. If you follow the closes of the ASX and Asia, and the open of London , last night you saw the swift and sudden take-down of gold against USD. While very contrived, as he points out, this is not the broader market at work and these jabs are getting more restricted in time and scope. The big miners ended flat despite the heavy weight wrestling match, and the Canadian financials did very well and most resource stocks were not routed.

This is quite significant for NOT because it is an early indication of the big international fund manipulations being matched by money coming back off the sidelines. Per my prior posts, the big miners come next, then the smaller resource issues. So, I may be a little premature but expect some healthy new demand for NOT this coming week regardless of whether there is "news". Frankly I am expecting to see the stock move up and consolidate beyond $6 without news . But for me, the detailed accounts from the luncheon were more assurance than one or two drill holes would ever provide.

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Apr 18, 2008 01:15PM
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Apr 18, 2008 03:19PM
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