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: Glorieux what's the rumor mill saying now?- plus some balance


"The word bomb was used to signify that if AT12 becomes a significant Nickel/copper deposit, market manipulation will be impossible as many big boys are just waiting for confirmation that Eagle 1 is not a one hit wonder."

I understood your use of the word bomb, but it is possible that in spite of a great find a terrible market will not recognize it and any smart investor including majors will wait to pick up at even cheaper prices. It is not a given but it is as possible as your assertion. However it is also possible as has been mentioned, that NOT will time their "efforts" to be affective.

"When Eagle 2 was announced and we had our great run up over $7, I remember one transaction: 274k shares at $6.90. Now, this is the kind of big money that is sitting on the sidelines, waiting for confirmation that we are the next Voisy's Bay or Raglan, possibly Sudbury. "

How do you know they still hold all of those shares? They may have taken a cerain profit of loss, depending on when they sold and gone to cash on a good portion of it or all of it.

"Do we have it yet...no! Is it rumored...yes. However, this is one stock that buy on rumor sell on news may not apply to. Holding on to wake up Crazydick at $20 or Chopin at $50 will be worth the wait."

Nothing wrong with holding on but it would have been more profitable to date to have sold some of ones shares after sp hikes given the sawtooth track record NOT has had.

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