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: crash and burn

Re: crash and burn

posted on Oct 06, 2008 04:24AM

While I'd like to take a contrary view it's pretty hard to do so with the state of Europe and US Financial data. Oil being hit hard along with other commodities which means pretty bad day for Canadian markets.

Canadian Banking is in good shape but our economy is based on exports and this means lower prices and less manufactured goods moving out the factory door.

Not sure if it's totally a plus but the Canadian dollar continues to fall agains the US Dollar making us a bit more competitive.

In short term this will have effect on our share price as we are unlikely to see retail buying flooding in anytime soon. Doesn't affect greatly the insitu value of what is being turned up in the ROF and since Gold is showing strength could help Windfall.

Maybe turning off computer isn't such a bad idea.

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