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: Hate to give negative prognosis...

...but our sp is below 40 cents (just took a look at the 5 day chart) and if no positive news this month it could slide into the low thirties by mid month and back to twenties this autumn.

I base that on potential profit takers who bought in the mid twenties and also on movement to other potentially rising stocks.

Also I think this rise was mainly due to the power line announcement to Pickle Lake whose worthiness will dillute with time.

Completion of that power line is 2016 0r 2017, too long for sound support of our sp over that time.

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Sep 04, 2013 06:06AM
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