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: Re: Flow-Through Shares --- NOT PP
32
Aug 06, 2009 11:39AM

Great insight BT! Thanks.

To be in a PP means in my book you're a heavy weight (hence also the tax bracket). Heavy weights want 10 baggers, in my opinion. So if your nett is 1.50 as has been stated here before, your 10 bagger leads you to ..... 15.00 a share. Correct?

Just MHO.

Something else I noticed, although it may not mean much, is that very little shares were sold this morning at the panick bottom. Gradually volume is building up at each higher price (meaning the higher the price, the higher the volume of shares traded at that price today, not to be confused with the obvious increase in volume as the day passes). You can see this if your account has a so called book-trader modus, showing the total number of shares traded per price. In my opinion this climing volume is good, hope it does not reverse!

GLTA and sit tight.

2
Aug 06, 2009 12:34PM
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