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: No longer "Under the Radar"?!
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Dennis I do not understand you.( While concur re BofD.)

"Some say that the institutions are just trading the stock between them..but if this is the case why has the SP gone down 12 cents since May the 3rd. "

Why do you think in the above scenario that the share price would or should not go down.

I contend that most of those shares are from the $1.25 placement and with a 40% tax write off it leaves them down to $0.75 to be profitable. Hence they slow down once the share price hits 0.75.

Why? So that they can get another load of cheap shares in the next financing and others ( Boasteel or friends?) are picking up from dissatisfied holders who get tired and are dumping at these prices.

I think that funds are betting that the cows will not come home for quite a while and that means the pasture is free for them to play in.

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