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: Posted yesterday

Posted yesterday

posted on Sep 03, 2008 12:35PM

that we did not have a bad day. We certainly swam against the tide yesterday. Today was a slightly different story but to put the last 2 days in perspective, NOT dropped $0.02 which represents .007%

Over the past 2 days the indicies were as follows:

TTGI-I (S&P/TSX Global Gold) -29.65 or 10.5%

TTMN-I (S&P/TSX Capped Metals & Mining) -55.08 or 7.4%

TSX Composite -633.3 or 4.6%

JX-I (Venture) -108.74 or 5.5%

I'd say we have certainly demonstrated some resilience.

What we need however is a reason for buyers to come off the sidelines. The MM's have had plenty of time to accumulate over the past couple of months. Without any news, the powers that be know buyers are sitting on the sidelines and are at liberty to play their games, putting up walls and walking the price lower.

I am not suggesting that RN et al should release news to stop these games as I trust their judgement to release news when they deem that shareholder value will be maximized.

When they do elect to provide some insights, you can be assured that the walls and games being played at whim of the MM's will be tempered.

Cheers,



Milsy1

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Sep 03, 2008 05:16PM
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