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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Re: Low S/P

in response to by
posted on Jul 02, 2008 02:25PM

Good post, but I do not believe any company could withhold information and release it when they want to. (i.e. NR's lined up one after another with other ROF plays). Although there may be ways to coordinate this legally, by let's say having the results of some major holes sent at the same time, that way when the results come back they could hopefully be in and around the same time. But then again, the delays in assays we have seen is because of the ROF, they are dealing with a great amount of core to assay from a great amount of companies. I believe once NR's start pouring out of major finds, it'll be one after another, and I think that's what will drive this SP VERY HIGH, not one release but lots of releases from everyone in the ROF. But I can't see that happening tomorrow or next week....In due time.

I'm personally excited to be buying some more shares hopefully tomorrow when my powder gets transffered over to E*trade. It's times like this where I wish I just had my bank account directly linked to E*trade, instead of the bill payment to E*Trade method. Little off topic, sorry.

Althought I can't see the SP dropping that much more, we hit a low of $2.58 in January, and I do not believe we will go lower than that. Too many people and too many shares exchanged hands at much higher prices than that. And then slowly you will see a climb, followed by a NR, followed by a new 52-week high. We've seen it happen before and it'll happen again, hopefully when we hit our new high, it'll keep getting higher and higher, by then there should be an Eagle 3, 4, 5, etc.....

Until then, we sit and wait, and don't like the looks of our stock accounts, but like King Nemis said, DON'T WATCH THE SP DAY TO DAY - and that's what we are doing and that's why we are getting frustrated.

Peace and prosperity to all.



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