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: Can someone lend our CEO some money
"So why are they here?" My answer is: They want the sp to 0.50 so that they can fill up to maximum that they can hold at the lowest price obtainable. Just look at the recent battle to $1 and now the volumes traded versus before. This is fill up time. My short term trades are done to catch a few at each significantly lower price because I do not know how low it will get and do not want to miss the bottom even if it means with a measily 500 shares. I really do not worry much what the sp is in between times to the day the cows come home because I'm basicly a long holder. I would like for the loose hands to part with their hold and the sooner the better. I know for a fact that the fewer loose hands there are when the cows come home the better the sp will be because fewer will sell on the way to that price. Yes, I will sell a few ( the day trades ) along the way to that price but that will be insignificant. As to why some may sell now ( CEO no exception ), may be due to them knowing/expecting not to see any news until well after the drilling restarts, so any news that may come will be well into February, causing many to sell by then and depressing the sp even further, hoping to reload in late January or early February at the reduced sp. They are gambling as we all are. The differences are in the methods of how and when.
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Dec 21, 2010 11:11AM
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