chart chat, page-13

No sorry, you and Ape are, I apologise to say up front, are utterly clueless.

Chuck your stupid charts and comments in the nearest bin.

If you had an inkling of what is coming your way, you would just shoosh up and just wait.

I'm not saying buy, I couldn't give a toss whether you do or not but I get so frustrated with people who do not hit the pavements and do some info gathering (if not serious research).

In a few short months you are going to look back if you are honest and say, gee I actually knew jack shit about this stock because I can't even be bothered to even pick up the phone and talk to people who have an idea of what's happening in the dynamic changing Platinum game. It would seem you would rather look at your clueless charts and make up conspiracy theories about director trading.

Sagey has not sold a single share so stop talking crap.

Sagey is putting together a bigger picture than either of you to have any idea of and that's because you aren't hitting the pavement. If you did just 30 minutes of serious info gathering, you may get it.

But because you are so damn slack, I'll point you in the direction you need to go.

CopperCo is a much bigger story than you can imagine. There will be value adding that you and your dumb charts have not even considered. If you think Sagey is in the business of digging copper out of the ground and selling it to the Japs/Chinese you are on the wrong page.

Try READING everything published by NPK, IGC, Xstrata (on the ASX AND THE BLEDDING WEB (google has been around a while now lads) and talk to a few really good analysts and Platinum industry professionals and you should get a gist of the bigger picture.

I'm again emphasising that it may not happen on CFE over the next 30 days, but the train is coming down the track big time. I couldn't give a toss if you buy, sell or hold just don't give us your crap conspiracy trading and chart bullshit. IT IS ALL TOTAL UTTER USELESS MEANINGLESS A MILE FROM FACT GARBAGE, SO JUST LOSE IT. The punters on this thread dont need you dumbness.

Just get off your slack arses and do some serious detective work and research and you will have a decent chance of GETTING THE FUNDAMENTALS THAT ARE BEING BUILT BEFORE YOUR BLEEDING EYES.

Hey, I've got a good idea. Why not stop bleating about secret director trades that dont happen and dont exist and just sell out and leave us serious hard working info gathers to bring direction to this thread (for obvious reasons, I can't be any bleeding more specific than I have been). If you think I'm full of crap great, throw up the arguments based on fundamentals or info gleaned from your own research but spare me the Chartest Crap and Conspiracy theories.

Sagey loads up on CFE when he can, for good reason. He could have loaded up on IGC for the straight forward 40 cents, thanks for coming, it doesn't get any dumb arse easier than this, but he loaded up on CFE because CFE is where the big kahoona will be made in due course (although not as soon as IGC).

If you do even the most basic leg work you will come to the realisation that Xstrata stopped at 25% on its takeover of Lonmin ($10 Billion takeover). This was mostly due to the change in the market from the financial meltdown.

Now Xstrata has, as its core strategy, to build a MAJOR position in the Platinum market due to its opinion that the MEDIUM/LONG TERM market economics are most attractive. The meldown has not changed their view. They take long term views not 1 year views.

Platmin, for a mighty $10Billion, would give them a 1 million oz production per year (I'm assuming they could get the current 700 ozs up to 1 million if they wanted to)which is what Xstartas starting position is (even after the meltdown) before they will sign up.

Gee, isn't it interesting to also note that for a total capex of $1.5 Billion, Xstrata can get 50% of 1 million ounces production from NKP/IGC and can also pick up the balance from similar acquisition it recently completed.

Lets say, that Xstrata can for say $3Billion, absolute tops, duplicate the production profile of a earlier intended but now not so attractive $10 Billion acquisition of Lonmin (which some they will still complete but at a much lower price after waiting the statutory 12 months). The economics involved aren't quite that simple but you can get the drift.

Xstrata are interested to now sell their 35% stake in Lonmin if they get a good offer but arn't losing any sleep over it as they could also decide to go for the full takeover for all of the company at a lower price.

The 50% JV with NKP is central to Xstratas strategy to move forward in Platinum and if you bother to go over the resource inventory of NKP and IGC, you will should quickly see that IGC has the best part of the ground. IT IS ABSOLUTELY CRITICAL TO THIS PROJECT.

Now, take note, if they dont have the project size potential of 100 Million ounces (whick NKP/IGC has) and a production profile of 1 Million ounces p.a. then Xstrata isn't going to be your partner. Thus, there is no future without IGC's ground being cemented into the JV.

Now, if you think a $60M cash takover of IGC is going to stand in the way of this 1 million oz p.a.,$1.5 Billion + project, then you just aint following the game plan.

The delays, which eveyone seems to use as proof that it is all up the shitter is based on a lack of insight as to what has to be done behind the scenes and what IGC needs to complete to satisfy its side of the deal. There has been slippage in the time frame I agree, but that hasn't been the first time such things has happened in the mining game. Most deals suffer slippage, don't read anything major into this, it just happens.

Sagey indicated March, well boo hoo, its now April and if for some (out of left feild now) reason it becomes May, well thats life, toughen up princesses.

If all you do is look at your dumb charts and swap conspiracy theories then you are just sucking our valuable ozygen. How about thorwoing up your views on the resource? the economics? The strategic value of IGC's stake, anything remotely fundamental would be abonus as opposed to dumb arse comments about the MD secretly selling the shares he bought. (you simply do not know the man and what his strategy is but I can assure you that turning a line of stock for a 3 cent profit in his baby, aint part of it)

I strongly recommend that you just sit in CFE, IGC and NKP and just wait for pay day because its closer than you think (I use the word think loosely on this occassion)