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: whats going on
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Jan 21, 2010 01:36PM
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Jan 21, 2010 01:47PM
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Jan 21, 2010 02:08PM

Jan 21, 2010 02:17PM
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Jan 21, 2010 02:22PM
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Jan 21, 2010 02:43PM
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Jan 21, 2010 03:04PM

I think a 4% change on FWR on any given day is a tremendous signal. Now, I have no clue what that signal means, but for the last month this thing has traded between .97 and .98 and not a penny outside of that range. Something has changed here and I don't think it's amateur hour on the FWR trading blocks. I wouldn't be within a country mile of trading FWR after witnessing what has happened today.

I would have to think the drop of 3 cents today is for some sort of added risk that is discounted into the deal. Whether that has anything to do with the deal closing, the protest or some other factor, I sure don't know (and I don't think anyone else would either) - but SOMETHING has changed. Those 3 measly cents off the FWR price are monsters for a lot of people who have been buying over the past 30 days....

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Jan 21, 2010 06:01PM
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tau
Jan 21, 2010 08:02PM
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Jan 21, 2010 09:28PM
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Jan 22, 2010 12:21AM
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