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: I suspect that....

I suspect that....

posted on Feb 03, 2010 04:36PM

there are some groups anticipating that there won't be any movement in the blockade for a while longer. I believe that some of the selling is to buy back in later or to move on to less complicated scenarios. The aforementioned may be totally incorrect as it pertains to the sp direction however it is what I believe based on a conversation. It is thought that NOT's core news was good but not stellar in terms of the platinum otherwise it may have supported the sp much more with some upward movement.

The ROF will be a mining district. How will we come out of it? We'll know when we get there. Hopefully it won't be FWR style.

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