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 think we have lost another

We rejected heavily again from the resistance of multi year falling wedge/triangle at ~0.34 as demonstrated in an earlier post.

This is called equlibrium pattern as the trading range gets narrower and narrower and with nothing fundamentally changing anytime soon it will resolve to the downside quite likely putting us to new multi year lows.

It is a very common pattern and likely algos/quants selling us down. 

So soon (this year) we will see if anyone who „sold out“ now was wrong or not. The biggest investment mistake is to continuously think that your assumptions can only be true.

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