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: More breakeven numbers

"In my prior post, I indicated that the breakeven for someone in the 50% tax bracket getting in on a flow through at $1.83 is about $1.22."....

Wait for accumulating, take your advantage with the coming dip.

Expect a possible downward pressure to the 1.20ish area before the pp is done.

In the next days the big houses will play this down.

It happened before, with the last pp @ 2.80. Not fell back to 1.50. Breakeven...

Just my humble opinion.

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