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: Cliffs
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Jan 21, 2010 12:33PM

Re: Cliffs

in response to by
posted on Jan 21, 2010 12:47PM

"I happen to think that it is safer to sell FRW shares now before the vote to lock in the value and place the money on some other prospect."

And I think it is a given that that is exactly what is happening as we speak. A lot of investors are in FWR because of the good potential for a raised bid. As the date draws near, and the obvious becomes more obvious, there is a growing exodus building.

There is also an obvious movement of some of that money back into NOT, and although it is trailing the other action, it is also gathering steam.

The 43-101 report is due tomorrow, and a couple of more releases next week and it is game on again.

Best regards

K

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Jan 21, 2010 01:02PM
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Jan 21, 2010 01:06PM
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