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: Not many shares available at these prices, people...

Agreed.

Suprisingly, I was right, 15M of shares were enough to acumulate @ 1.3

The volume is still relatively low, but it is low by very encouraging reason - asks are much more cautious now

The buyer's logic seems to be pretty simple now - rise the SP to a new level (.10 -.20) and collect shares until askes will dry out. And move the bid to the next one.

The only one question left - how much these guys want to accumulate?

It looks like a lot (9.9% of shares???)

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