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: Flow Through Monies

Flow Through Monies

posted on Jan 03, 2010 05:44PM

So we're still on that rant are we? Well the one good thing (actuually there are many) in this latest MD&A is a very good detailed explanation of the flow-through fees and penalties. If one cannot understand that by now you best try to explain where $150M in raised capital went at your own investment. Talk about down a shaft! If all works out what does that equate to, a .3% return on capital. Try explaining that to shareholders IF it works out.

While I'm bedazzled about the $6M loan to someone maybe our neighbors can help identify it. They will need more money soon.

Remember Whale, Micon asked to drill twice not just once. And reviewing all the drill data over the last many years, never has a project in the Shaw Dome been so detailed in its exploration. We've seen the effects of drill fast and running into production problems on a shoe string budget. Might as well be drilling on the moon.

No, I prefer the steady as she goes, detailed analysis as much as we want results yesterday.

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Jan 03, 2010 06:38PM
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