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: My two cents
10
May 07, 2010 05:07AM

Be careful watching insider buying as an indicator. They are not buying based on anything you and I don't know. Secondly, someone has to support the stock to keep it from plummetting on no buying volume.

The corollary is unless you are gambling for a penny or two, wait to see some unexplained buying volume that is not from insiders. That is your best indication of something afoot on the positive side. We currently have a lot of hurdles to see that happen. I am now currently out of all Canadian specs other than a tiny amount of met coal and gold explorers. Raising money will become very difficult and costly for a few months. I will be back in quickly if we find some serious precious metals or strike oil. Good luck to all and don't give up your day jobs just yet.

2
May 07, 2010 08:33AM
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