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: Just a thought

Re: Tax loss selling

posted on Oct 07, 2008 04:48PM

Hey Storm and Shakey, Great tourney and yes I would definitely prefer some accomodations closer next time. Think Island accomodations.

Back to reality.

Badboybill. I completely agree with you that if you didn't sell a month or more ago that you have missed the boat. I realize that tax loss selling is only a very small part of our decline ( or a very large part if you look at daily volumes. It really hasn't been a large number of share traded hands that has taken our share price to these ridicules levels.

So for those who have held on do you not see the slingshot almost fully pulled back? I know the current market conditions will not give us the same shot we would have had a year ago

So my thought is although market conditions are not great right now we may get a pop. maybe just a double. maybe a little more just from the tax loss sellers.

If the light at the end of the tunnel appears I would expect much more.

But for now I am going to accumulate patiently and try and add to my holdings. With the strategy whether it is on news or the end of tax loss selling that there is a rebound from these levels and probably sooner than later.

Aside: ( I have held spq for 9 years - I think I can wait 6 months to 3 years for this story to play out) My only fear is we get diluted like I did in spq) definitely not bashing since I have only added to my position over the years and see great things coming

Kind regards,

John



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