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: Soft bashers out in force today....
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I'll add my thoughts to the soft bash. I think we are just about ready for another PP. There are 2 ways to squeeze out retail; 1. keep the price falling until retail gets scared and runs or 2. dilute them through a PP.

Remember the last PP when they told us they had plenty of money and then had a large PP to cover off 'another year', well, I think we may be heading towards BOHICA (bend over here it comes again).

Remember too that the hedgies have bought all the way down from $6 and would love some cheapies with a hanger (just like those bottles at the liquor store with the freebie attached)

Call it a bash if you want but this is the feeling I'm getting. Does anyone have any Rolaids!

BB

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