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.

Free
Message: S H Comments

S H Comments

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.
Share
New Message
Please login to post a reply