Re: What the ??? again- Reason For The Rise

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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khareema

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Re: What the ??? again- Reason For The Rise

posted on Jan 06, 2009 02:02PM

It's a bit early to start discussing a corrective movement yet, I think. The pendulum does always swing both ways, but the counter movement is always in proportion to the previous swing. The long trip down indicates to me that the upward one will be at least half the length and strength and probably better if we get some encouragement from news releases.

I have dumped everything I have available into this bottom and will let it ride until at least end of March, but maybe even until mid May. One can try and get cute and work on the short term tips and dips but chances are you will get burnt in the same way most did when trying to do the so in the fall of 07.