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: Genuity Update - /G

"If you want to sell alot of shares and not kill the price you need to increase demand...hence the 2 updates. It could also be 2 different brokers/departments but the coincidence in timing is too close for my taste.

Genuity has now sold close to 700k shares in 2 days. If they stop selling, we should see a good bounce in our SP."

I would say they pretty much bludgeoned the sp at the least, and I'm not sure that they were all that concerned about the sp. otherwise they would have done it with a bit more etiquette. I believe a lot of people are just fine with how it was done..... over 1.2 m shares worth of people..... perhaps much of it corporate. We'll see what tomorrow brings.


Feb 02, 2010 04:49PM

Feb 02, 2010 04:51PM
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