Re: Sometimes I wonder?
in response to
by
posted on
May 31, 2010 09:27AM
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)
"- I don't understand why the PP was priced so cheaply aftertax
- I don't understand why indicators like insider buying haven't helped
- I don't understand why further interest in the ROF (KWG, SPQ) hasn't helped NOT"
Well for one, any time the sp started to mount a certain 99 and a certain 01, with the help of a few friends seemed to need to sell right at those moments. Go figure.
(Aside) Anyone who thinks the dive of SPQ and KWG were simply market responses need to consider the now oh so generous premium CLF offered the two companies after their drop amounting to the sp the companies had been at recently. In other words zero premium. Looked good on paper but didn't amount to much in the account, unless you were one of the players who took advantage of the fire sale. The upshot of this message is to consider NOT in light of it. We wait to see what games are being played and perhaps by who.