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: No news may be a good thing..... /Poly
23
Sep 13, 2008 04:41AM

It would be nice if someone of a statistical bent might calculate just how many shares have changed hands at prices under say $4 these past months. My guess it is, while substantial, still a lot less than 30 million.

Of course there are still investors with average cost such that they are still 'in the money' but they hung on for a lot more than a few dollars per share. If they didn't sell at $7 they sure aren't going to sell now for less.

I'm trying to see your side and rational, maybe should listen more closely because I'd never have believed we'd see $2 a share either.

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