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: I will do with EA out:

Environmental Assesment about to come out so what would I do in such circumstances?

I have two portions to my share hold.
1. short term and speculative to take advantage of the yoyo swings. ( originally half of total, now only a third)
2. And a long hold which is now 2/3 of total. ( this I hold until the cows come home or am literally forced to fork it over.)

So I discuss further about the short term 1/3 hold:

I expect that just after the EA is out the sp will reach at least 60 cents. I also do not expect the transportation news for a while so the sp will languish after the 60s cents.
In that case I sell some at about 50+ cents and wait for the retrace to buy back for at least 10 cents less.
Yes I will sell just some because should I be wrong and no sp retrace to lower levels I would not lose much and what I would lose would be offset by the holding high price or maybe it would continue to advance to higher levels. Then I still would not have any regrets.

Now, along with my previos post along this line, all of you see my logic. Cheers, Ed G.

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