What will the news be??

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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khareema

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What will the news be??

posted on Aug 05, 2010 04:26PM

The two possibilities that jump right out are;

1. They hit another hole 49. However this would indicate a leak, but who cares. It would be good for all of us.

2. There is a buyout offer on the table. A leak is much more likely here, as the offeror has insiders too that could leak something. This would not be good for any of us.

#1 could carry on for a few days before they announce anything which is also good. There tends to be much more movement on a rumor than on actual news.

#2 We will have some announcement tonight or before the open tomorrow.

THere are many variations of the two above mentioned possibilities, but let's be real careful what we hope for.