Eagle discovery area

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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bravekind

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Eagle discovery area

posted on Jan 06, 2009 12:15PM

Given Rosedale's report on continued drilling in this area

AND

given that FNC staddles this area and closed the highest up of all stocks (81%) in the ROF *

today's rise could well mean significant results in the Eagle area.

In the past, we have also seen other area stocks rise handsomely on news from NOT.

Whatever the cause, it sure was a nice day! Just like old times!

Also, in a very contrarian statement, Marc Faber said today on bloomberg that gold is good - but the REAL opportunity is in base metals, which are EXTREMELY over sold.

* volume was low, only 41,000 for FNC. But when you consider that available shares are small (around 20,000 on level II) this is not so surprizing.

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