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The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: PDAC Article: "Looking for a silver lining in the clouds"

PDAC Article: "Looking for a silver lining in the clouds"

posted on Mar 04, 2009 10:35AM

http://www.financialpost.com/scripts...

A snippet:

"The industry is also coming through a period where it made a lot of money, and it is better capitalized than it was in any other down cycle. So while some junior companies will struggle to survive, M&A will help many others. A state-owned Chinese company's proposed US$19.5-billion investment in Rio Tinto Ltd. is also evidence that if valuations get too low, state-owned entities and sovereign wealth funds are ready to act."

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