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: Just doesn't sit right
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Feb 07, 2012 08:54PM
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ANL
Feb 07, 2012 10:28PM

Hogey, I expected better news to move the sp. I presume most people thought along same line.
While we received positive news, in my opinion, only two tiny intersects in two holes showed spectacular results. The remainder was just an indication of a resource but not through economic zones.
A casual observer can easily assume that there is nothing significant and as a result this sp is prime for shorting.
Shorting is what I suspect as the cause for the decline in current sp.

I do not consider myself a casual observer of the new nickel intercepts especially when one shows chracteristics of Eagle's Nest. That means copper, platinum and palladium associated with the nickel.
This confirms to me same type of intrusion and lack of longer intercept is merely a case of aiming the drill path.
The high value intercepts do not occur out of nowhere. There is a path along which they came, so for comparison purposes, I think there is another 'Banana' in the works.
Yes, I also feel there is more to this.

Patience my man, Patience. Ed.

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