Re: looking forward./Goldfinger
in response to
by
posted on
Oct 25, 2008 01:27PM
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)
Right you are. The reason these folks want in is to sell fast, get their money and get out of the market or into something to protect their cash. The market isn't done heaving out it's last and it won't be pretty for those who need their money in the near term.