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: My humble opinion about the rise and decline of the SP and the PP.
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My humble opinion about the rise and decline of the SP and the PP.

posted on Apr 22, 2010 10:26PM

The stock market vices and devices were in full swing when the Noront share price hit the $1.87 the other day .

We were wondering why such an escalation in the SP and now we know .

Few restricted operators of the market had been advised about the PP and were trying to find clients to buy the flow through shares .

In order to make a purchase they had to sell their shares at a premium to make the acquiring cost of the PP shares.

When the PP will be filled ,these guys will have made a killing with no extra capital exposure.

So much for the little guys waiting and licking their lips raw for the rich chest to be found eventually when the big investors decide that they had enough.

We get only one shot at the big money : better be good .

Cheers.

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