Re: Market depth

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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Re: Market depth

in response to

Market depth

NevilleD

posted on Dec 22, 2010 10:06AM

This market depth, along with the volume of last few days is very telling. Tax selling should dry up by end of week, and the bid sizes say there is huge interest out there to get what is available off the market.

If, as we suspect, there is market moving news on the way in early January, and this buying interest sticks around, coupled with everyone who has sold here trying to buy back in, we could be at a real "cusp", come the first of the year, providing SFF doesn't do a baddie on us again.