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: Why sell now?

Why sell now?

posted on Nov 22, 2008 11:03AM

There are reasons to sell and reasons to hold, depending on the individual and comfort level. If you are unhappy waiting on the sidelines with a large drop in your principal, you would have to ascertain whether you believe the sp's are going lower or not. Logic would then dictate that you could sell in order to buy back lower, regardless of whether you paid $2 or $7 as buying back at a lower sp is a guaranteed increase in value. So you still hang onto the idea that NOT could rise quickly at any time. It is not impossible, therefore prudence might dictate to maintain a core of shares for that possibility. There is more than one option for those who are out of cash and who bought in at a higher price..... but if you have to hold on, this is certainly a company with great potential to last through these times and to develop the resource during the economic trials.

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