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: Kevin Feeney

Kevin Feeney

posted on Sep 16, 2008 10:49AM

I guess all his cronies at Sun Life must have been wondering why he would jump ship to go work for a company whose assets are "only" metals in the ground waiting to be unearthed when he had all of the investments in the world to choose from.

Looks like it was a wise choice, given the maelstrom in the markets of late.

I guess that's the absolute ridiculousness of the SP right now, WE HAVE GOOD STUFF! It's proven, with a 43-101, and everything! It's not ABCP, it's not derivatives, it's not snake oil. We have what will likely emerge as the only safe investment in the months to come.

What else is there? Banks, financials, blue chips? UH-uh.

How about insurance companies? Nope.

How about the U.S. dollar? Too risky.

So I will grit my teeth until all these games are over, and my only regret will be my inability to show my support for the stock by buying more at this time.

I forget who the poster was, perhaps coswil or miskealp, but I do believe that person was right when they said ( paraphrasing) "Don't worry that the SP is low, the majors won't stand by and let their competitors get it on the cheap, they'll bid it up".

When the smoke clears, I think we will be invested in a sector, and a company, with the only thing worth fighting over. Everything else is questionable, as of this moment.

Just my rather strong opinion on this day.

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