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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Message: Re: Food for Thought

Jul 23, 2009 07:40PM
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Jul 23, 2009 11:36PM

Interesting Nickel, you confirm what I have suspected, this house seems to be here playing the field. You mention that they are virtually non existent in the month prior to May'ish.

Me being a guy who watches the stock trade daily, picks up on a house that never really used to be here in our park. It seems they get alot of those cheesy little auto trade type 500 shares lots. They also seem to be able to belly up for the bigger orders as well. They also sure like to be around when CIBC is around as well.

So whether or not they are net buyer or seller, I ask what brings them here? Been asking for a while now. Maybe it was their research?

As Tantallon said, they acted in the capacity as "advisor" for you guys before

"The Company will require additional financing in the fourth quarter of fiscal 2008 and the strengthening of commodities prices for operations at the Redstone and McWatters mines and the Redstone nickel concentrator to recommence. The Company has engaged Desjardins Securities to act as an advisor to perform a financial and strategic review of the Company and its assets with a view to provide advice in connection with any potential transaction that may arise from this review. In the interim, the Company did not make payments under capital lease and finance contracts subsequent to the end of the quarter. Although two leaseholders have retrieved their property, the remaining leaseholders and finance contract lenders are continuing to negotiate mutually agreeable arrangements with the Company, as the Company works toward the completion of financing and business combination transactions."

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Jul 24, 2009 03:10AM
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Jul 24, 2009 12:39PM
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