THE PIG APOLOGIZES FOR THE LATE NIGHT UPDATE. SOMETIMES THE PIGS PARENTAL RESPONSIBILITIES GET IN THE WAY OF THE PIGS WANT FOR WORLD PROFIT DOMINATION. WELL NO, BUT REALLY JUST LIKE YOU OUT THERE, LIFE IS HECTIC FOR THE PIG. THE PIG DOES A 10 HOUR DAY ON THE FARM WORKING. THEN HAS CHORES, AND OTHER PROJECTS TO ATTEND TO...AFTER ALL THAT...........THEN THE PIG GETS TIME FOR HIS FIRST LOVE, TRADING......(INSERT SPOUSAL APOLOGY HERE). SO ON WITH THE SHOW.
DON'T KNOW IF ANYONE CAUGHT THE NEWS ON V.RCR A PREVIOUS PIG PICK....
Rockcliff Commences Drill Program at Snow Lake Project
Canada NewsWire
Trading Symbol RCR: TSXV
TORONTO, Jan. 19 /CNW/ - Rockcliff Resources Inc. (RCR: TSXV) is pleased to announce that drilling has commenced on its Snow Lake Project located in central Manitoba. A minimum of 5,000 metres (m) of drilling are planned in approximately 30 holes. Drilling is planned on the Rail, Reed, Freebeth, Tramping and Squall properties. The targets include extensions of a known copper-gold rich horizon (Rail), additional testing of DPEM & BHPEM anomalies (Reed), an untested borehole anomaly (Freebeth) and untested, buried ZTEM targets (Tramping and Squall). The properties are situated within the Flin Flon greenstone belt, one of the most prolific and the largest Proterozoic VMS District in the world.
Rockcliff will initially follow-up on recent drilling at the Rail Property where high grade Rail Zone VMS mineralization grading 9.02% copper, 3.46g/t gold, 1.62% zinc and 36.5g/t silver across 4.74 m (see Press Release dated November 10, 2009) and 3.11% copper across 8.01 m (see Press Release dated December 8, 2009) were intersected along the northern and southern areas of the zone, respectively. Previous drilling by Rockcliff has intersected the Rail Zone over a distance of 700 m along strike and up to 450 m vertically. The Rail Zone remains open in all directions.
Drilling at the Reed property will focus on a series of deep, off-hole anomalies indicative of multiple, stacked, highly conductive lenses with conductivities typical of massive sulphide mineralization. Four off-hole anomalies at vertical depths of 500 m, 750 m, 880 m and 930 m will be tested.
Additional areas to test are at the Freebeth property where a previous borehole survey detected an untested off-hole anomaly in a prospective VMS area and at the Squall and Tramping properties where a recent ZTEM survey has identified buried anomalies in the same juvenile arc rock package as at HudBay's Lalor Deposit. The Squall and Tramping properties are located approximately 6 km north and south respectively of HudBay's Lalor Deposit.
Rockcliff has the exclusive right to earn a 100% interest in the Rail, Reed and Freebeth properties from Hudson Bay Exploration and Development Company Limited (HBED), a wholly owned subsidiary of HudBay Minerals Inc. (HBM: TSX). If Rockcliff earns its interest in the Rail, Reed and Freebeth properties, HBED will receive a 2% Net Smelter Return Royalty in each of the properties. If Rockcliff earns a 100% interest in the Rail, Reed and Freebeth properties, HBED then has a right to acquire up to a 65% interest in the Rail, Reed and Freebeth properties. Please refer to the Press Release dated March 23, 2007 for further details. The Squall and Tramping properties are 100% owned by Rockcliff.
Rockcliff Resources Inc.
Rockcliff Resources Inc. is a Canadian resource exploration company focused on discovery and advancement of its high-quality mineral assets on its Snow Lake Project. Rockcliff presently controls the Snow Lake Project totalling in excess of 600km(2) of which 440km(2) is 100% owned by Rockcliff and located within and proximal to the Snow Lake Camp. The project presently includes five historical VMS deposits (Lon, Rail, Reed, Kof and Sylvia), one former gold mine (Century Mine) and numerous additional areas with potential for VMS and gold mineralization. Rockcliff also controls the Shihan VMS Project located in Northern Ontario.
Peter Wood, P.Eng., P.Geo., VP Exploration of Rockcliff, a Qualified Person under the definition of National Instrument 43-101, is responsible for the technical information in this press release.
Forward Looking Statement:
Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Rockcliff undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information: please visit our website at www.rockcliffresources.com or contact Ken Lapierre, P.Geo., President and CEO of Rockcliff Resources Inc. at (416) 863-9800 or at therock@rockcliffresources.com
SO THE PIG SAYS THAT WITH THIS RELEASE, AND THE ANTICIPATED RESULTS THEREAFTER THE PRICE OF RCR SHOULD SEE MORE MOVEMENT. THERE WAS A REAL OUTFLOW OF THE IMPATIENT INVESTOR IN DECEMBER. THAT ALSO SHOULD TURN AROUND. TODAYS CHART......
THE PIGS SCANNING SYSTEM ATTEMPTS TO IDENTIFY THE POTENTIAL MOVERS EITHER AT THE CUSP OF A MOVE OR JUST BEFORE A MOVE BEGINS. ITS THEN UP TO THE TRADER IF HE/SHE LIKES THE POTENTIAL OF THE SYSTEM AND CHART ANALYSIS. PATIENCE/DISCIPLINE IS RULE # 1, PRESETTING OF EXIT POINTS IS RULE # 2, RULE # 3 IS THE CONTROL OF THE DESTRUCTIVE HUMAN EMOTIONS LIKE GREED, AND IRRATIONALITY. THE PIG FEELS THE SYSTEM CAN WORK FOR US, THE TRADER. AS LONG AS THE RULES ARE FOLLOWED.HERES AN EXAMPLE..............
V.KBG SCANNED TONIGHT IN 7 OF 10 SECTORS WITH HIGH VARIABLES. TWO IN PARTICULAR VOLUME/DISPLACEMENT AND CAPITAL INFLOW, SCORED VERY HIGH. THESE, TO THE PIG, INDICATE AN EARLY ACCUMULATION PHASE. THE PIG WILL PICK SOME UP ON WEDNESDAY. 
V.FTR...ANOTHER ONE FOR THE ACCUMULATION ROAD SHOW. SCANNED WELL TONIGHT. 7 OF 10 AND GREAT NUMBERS. THE PIG WILL WATCH THIS ONE AND IF IT BREAKS OUT HE WILL BUY IT, BUT WON'T CHASE IT.
V.AAU...NOW HERE'S AN INTERESTING PORK PIE PICK. ITS SHOWN UP VIRTUALLY EVERY NIGHT FOR THE LAST SEVEN OR EIGHT, BUT SHOWED INCONCLUSIVE NUMBERS. TONIGHT......HOWEVER, A BREAKTHROUGH ! ACCUMULATION, CAPITAL INFLOW, MOVING AVERAGES....ALL VECTORS TURNING UP. ANOTHER ONE THAT IF IT BREAKS OUT THE PIG WILL JUMP IN. THE PIG SAYS YOU COULD BUY AND HOLD NOW, AND FEELS YOU COULD WIN EITHER WAY. THE PIG ONLY HAS SO MUCH CAPITAL TO SPREAD AROUND..........GREAT CHART.....!!
Know When You are Going to Sell a Stock Before You Buy It
By Ken Little,
Emotions can play havoc with your investing because they trump
logic unless you have a plan that you prepare in advance and commit to
stick with regardless of what else is happening.
Bad Investing Decisions
Emotional investors usually make all the wrong decisions for all the wrong reasons. It’s important to note that if you fall into this category (and many investors do), it doesn’t mean you can’t be a successful investor. It simply means you have to acknowledge your concerns and allow for them in your investing process.
The safest way to do this is to plan your sell strategy before
you buy a stock. Decide a what point you can no longer support the
stock and mark that as your sell point.
Consider the normal price fluctuations of the stock and how low you
think the stock might fall under relatively normal market conditions.
Selling Point
Find that fundamental point and make it your sell point. This is your exit strategy and commit to writing, so that when things get rocky you can refer to it. With a plan in hand, you can take the emotion out of the sell decision, which should help you avoid holding the stock too long or selling too quickly. You can put several strategies into place that will help you take some of the emotion out of sell decisions. There is a delicate tension between selling too soon and holding too long. On the down side, you can only lose 100% of your investment (the stock goes to $0), however if you sell prematurely what you potentially could lose is unlimited because there is no limit to how high a stock can rise.Investing Strategies
If you are a “buy and hold” investor, and the stock is rising you don’t want to exit out prematurely, however you also don’t want to see a nice gain disappear if the stock reverses course and begins a sustained downward plunge. One way to protect profits is to use trailing stops and stop loss orders. These simple trading techniques will help you cover you profits and protect against losses. These strategies won’t “guarantee” you a profit or protect you against an absolute loss, but they will help you take some of the emotion out of the investing process, which will help you make better decisions. Better decisions means betters investments over time.Conclusion
There is much emotion attached to money and there is no escaping that fact. You can minimize the influence emotions play on your investment decisions by planning your exit strategy even before you buy the stock. THE PIGS JOKE OF THE DAY....................................Upon reaching 65, Bob decided to retire. After having him under foot for a few months, his wife became very agitated with him. She suggestedhe go and do something to occupy his time, like join a club or get a hobby. Bob obliged and went out for a couple of hours.
When he got home his wife asked about his day and he replied, "Oh, I just went down to the park and hung out with the guys.. And oh yeah, I joined a parachute club.
"What? Are you nuts? You're 65 years old and you're going to start jumping out of airplanes?"
"Yeah, look I even got a membership card." "You crazy old man, where's your glasses! This is a membership to a Prostitute Club, not a Parachute Club!" "Oh, great! Now what am I going to do? I paid my membership and signed up for 5 jumps a week!"
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