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: NOTs Short Position

From inspecting the chart, I would estimate that after March 15 roughly 4 million shares have been traded all in all, hence it is clear that these short positions cannot have all been closed.

And it strikes me as very odd that the short positions have increased so much *after* Feb 29, which was the day of a big downmove. Since then, nothing could be gained from shortselling.

Explanations? People placing their bets against a ROF mention in the budget?

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