Welcome To The Inspiration Mining HUB On AGORACOM

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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posted on May 16, 2009 05:42PM
Fodlart, I'm not sure but it was my impression that a virgin ore body like Langmuir North Zone was easier to permit than an older re-entry ore body like L1. Could I be wrong? Naahhh! Do you know what exactly happens with the change of the lease status? From exploratory to producer status perhaps? Is that easier for a junior to obtain than say a major perhaps? Driller, I agree that it would be nice to buy back all 10pct of the shares outstanding, but only at these cheap levels. I think we can afford a few million bucks to eliminate some of the outstanding shares. I don't mind at all if my share of ownership increases in this project. Oh to be sitting on millions of cash and be debt free! I especially like the way the company states that it changed its bank deposits to government secured investments. Hats off to mgt for being extra cautious these days.
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May 16, 2009 06:18PM
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