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: Today's trading and some thoughts
3
Jan 07, 2010 10:38AM

I agree tonyg. It is going to be a longer wait than we originally thought but worth it in the end. Like I mentioned earlier Langmuir 2N legnth and depth remain open as does the prossible extention into the Lutha property. There also exists an estimated 20-40 million tonnes of similar grades on Langmuir.

Quit frankly I was hoping for a more definitive and all inclusive report but spending another 5 million in exploration sounds like a reasonable course of action. The question is, who will go after it? It looks packaged for sale to me.

And lets not forget, right now with nothing else proven up, it is worth about $2.20 per share excluding cash.

ebf

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Jan 07, 2010 03:19PM
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