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: Bottoms Up!! - rapidrob
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Jun 19, 2008 12:38PM
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Jun 19, 2008 05:01PM

I am not quick to blame market manipulation but as of today at 1:30 pm I noted the following:

Anonymous - has sold 48% of the NOT stock sold today, 110,000 shares! Then comes CIBC with 36%

To have just two houses responsible for 84% of all the sales is a bit suspicious. All other houses but one were net buyers, splitting the remaining 16% of sold shares.

Market forces tell us that an overabundance of product will drive the price down. And why would someone sell this number of shares at this time, a low point in the stock's life? Especially this large number of shares unless it is to hold the price down? Seems reasonable based on today's action.

BK

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Jun 19, 2008 08:19PM
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