Canada's Next Nickel Producer

Mining Exploration and Development - Thompson Nickel Belt, Sudbury Basin

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Message: Re: Tuff markets eh!
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Nov 10, 2008 04:18PM

I sat in on a meeting at Xstrata today outlining future problems with getting feed for our Smelter with all of the mine closures of late. Besides the four Mine closures that will affect our Smelter, Xstrata is shutting down two of their high cost mines. On the bright side, we where told that we will start receiving concentrate from Crowflight as soon as their Mill is up and running. Not sure what that will do to their share price in this environment; but it will certainly mean income and profit for the company at some point.

Rage Against The Machine



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