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: Buy signal
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Jan 15, 2010 08:50AM
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Jan 15, 2010 09:30AM
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Jan 15, 2010 10:15AM

Crazy & Stormin, I like your way of thinking regarding trading.

While mostly a long holder I do play the short term trading due to opportunities that are presented to get some quick bucks while patiently waiting ( sometimes not so ) for the big ticket items.
A few days ago I thought that $1.80 is about as low as I would risk waiting to buy some of those quick trade shares. With the continued ( I am not one to complain on this aspect ) lack of recent news the 1.70s is quite expected from the short trade. While I do not expect the often posted $1.50 bcause I suspect it is mostly shorters talking us down for their maximum gain, I do think and hope that 1.70s is near the bottom.
( My average is just above $2.)
I also think that Noront just may be holding back with the long awaited assays for the FWR/Cliffs item to settle down on Jan.25? If that turns out to be so then even 1.60s are a possibility. So I scratch my head on a regular basis thinking should I wait a little bit longer and risk the possibility that news arrives and I am left behind not partaking of the opportunity this low price presents. Penny wise, Pound foolish.
Buy signal indeed but when do I choose my entry point?

Any way you look at it, it is a gamblers world. E.G.

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obg
Jan 15, 2010 10:25AM
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Jan 15, 2010 11:24AM
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Jan 15, 2010 11:36AM
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