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: What doesn't make sense to me....

What doesn't make sense to me....

posted on Jul 29, 2009 02:49PM

I can understand the recent runs in SP for Probe and Fancamp as spec plays around Noront E1, however when the recent news of Probe JV lands yielding probably CR and not the NI that was rumored (and I supposed the reason for the SP run) I suspected the SP would drop for Probe and it hasn't, even climbing again today. Obviously if the market cared about CR then Freewest would be joining the SP party too, but to this point FWR CR fans have been watching from the stands.

This leads me to believe that since the price of PRB keeps climbing they must something more than was stated in the NR on the JV lands, or speculative day traders didn't really look at the big picture.

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