These Hedgies aren't stupid

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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IAMSUDBURY

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These Hedgies aren't stupid

posted on Nov 24, 2009 02:24PM

I was going to sell out a large portion of my holding at 2.40 i had to days,then i got thinking there is no way this price will stay.These Hedgies aren't stupid,they have a plan,they have money(investors),they have power.The PP was done at 2.80 and on top of that we need our SP to go up to match up with the FWR SP and to persuade the SH there.There is 2 reasons as to why our SP must go higher.I hope the next move is mover results,but if its a new offer it will be for the ROF properties only maybe at 4-1.I hope they keep everything the way it is offer wise and just get the SP up and let FWR tender over.