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: Tough Market for ROF so far today

Tough Market for ROF so far today

posted on May 08, 2009 06:11AM

Unreal watching the lack of action in the ROF this morning. All lights are green for Canada today, employment shows increase in new jobs, C$ just rose over a cent against the US$ so we're up 2 cents for the week. Oil forcast to rise on increasing demand, copper stockpiles disappearing into China and how long before Nickel stockpiles hit the wall with reduced production kicking in.

Damn but ROF should be flying today and instead it's a game of chicken between buyers/sellers and not a bit of news from NOT/FWR to change things in a positive way.

This lack of interest makes it extremely hard to recover from what many see as an oversold situation particularly in the case of Noront.

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