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: Stuff

"I actually tried on Friday to sell some but never reached my price. And I certainly hope we do not fall to the predicted .80/.90. Still i am still in the mostly hold camp but may be sorry. Tough to be mobile with as many shares as I have and I am basically still p-- ssed off at the Not BOD."

Actually, LG, a whole book could be written on an expansion of the above paragraph. Without being critical here are a few comments;

One should never "try to sell". In a volatile market like Friday promised to be, If one plans to sell, then sell. Particularly when there is thought that it could go to .80/90. Also, if there is a chance of it going that far down, it does very little good to hope it doesn't. Have a plan in place as to what you will do if it does. This will allow you to maximize a gain, or at least minimize the loss. Hope has no effect.

Most importantly though, it does very little good to be pissed at the BOD, and in fact it can cloud your decision making ability very effectively. Do not trust them, never, as you know they are not here to produce profit for you. They, like anyone else have only their own welfare in mind, and in order to maximize this, there has to be someone that funds it for them. That someone always turns out to be the little guy, you and me. Sometimes though, if you understand and accept how they think, you can understand where we will be when the next card is dealt, and can position yourself accordingly. In that fashion, there is the chance for success in this market place. Being pissed at them puts you right where they like to keep you, frustrated and losing.

Best regards

K

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