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's the smart money doing? Update...

What's the smart money doing? Update...

posted on Oct 01, 2009 12:44AM

I have updated my spreadsheet (slow night at work) with the house positions (thanks Irish) and it appears the retail houses are continuing to hand over their shares for the big boys to accumulate. Didn’t John Kaiser on BNN say we are getting close to critical mass to support the infrastructure? Not bad since a very small percentage of the land has actually been drilled to date. Since August 17th to today here are some of the increase/decrease results:

Increased Positions

Anonymous +885,000 / Blackmont +134,500 / Bolder +191,000 / Clarus +236,100 / Dundee +879,932 / Genuity +578,700 / Haywood +280,400 / Penson +1,073,110 / Wellington +867,767

Decreased Positions

BMO –251,605 / CIBC –134,520 / Desjardins –124,676/ RBC –168,051 / Scotia –710,072 / Scotia iTrade –246,731 / TD –524,846

Here’s hoping the smart money lives up to its name! Have a good night all.

Kat

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