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: Who's Been Buying From Who?

Who's Been Buying From Who?

posted on Mar 14, 2009 04:27AM

Have to check out the list of institutional holdings but anecdotally I believe most of the selling in Q4 came from institutions that had no choice but to liquidate any assets that had a market. They had no choice due to redemptions and liquidity issues.

As such, we may have had a major shift in ownership towards retail in the past 6 months since the AGM.

Regards,
George

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