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: bnn market call-kennr
4
Mar 19, 2013 04:31PM

Kennnr,

Here's a recent link from good ole Goldman Sachs put out 52 minutes ago

http://www.theage.com.au/business/world-business/goldman-cuts-ironore-forecast-as-global-demand-growth-slows-20130320-2ge7m.html

So...we should run from iron ore investments??? Now? with the prices so low?? I don't believe them.

As an example .......Here's a goldman sachs link from 2008... in the Oil catagory

http://articles.marketwatch.com/2008-03-07/news/30784828_1_arjun-murti-super-spike-barrel-oil

When you read this link you are pumped you want to buy oil oil oil...it has a good chance to go to $200.00 a barrel .. super spike super spike...wow wow wow buy buy buy

I saw so much of the $200.00 a barrel propaganda in 2008 put out by so many.... Buy buy buy.... it made my head spin.

Unfortunately ..the ones that believed the hype saw that on December 23, 2008, WTI crude oil spot price fell to US$30.28 a barrel, the lowest since the financial crisis of 2007–2010 began

$30.00 bucks is a long way off of $200.00

Shame on them. Goldman owns 10% of the oil reserves.....they knew where the REAL price was headed.

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