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: Market Direction
3
Aug 18, 2009 11:34AM

What's the point of this post? Why is 2.20 the magic support from which to rise? Why not a run up from 2.16? The reason we're not at 2.20 is because a lot of monkey business has taken place including Dundee picking up 100 or 200 shares from RBC as they drop it down a penny. This sp is being squeezed into a narrow range because the low volume facilitates it. But what does the low volume actually mean. We'll know soon enough.

"Should be confirmed by lunch time trading about to start. Need some volume to confirm support at the $2.20 level to set us up for next run but have to feel we need more than a luncheon to move things along. Not even a decent rumour to pin some hopes on at the moment."


23
Aug 18, 2009 09:17PM
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