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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: Sooner or later

Feb 04, 2010 07:33PM

I always think that in terms of trucking and processing costs associated with transport. energy etc, it would be whoever owns the mills/smelters/crushers that would likely have the vested interests in keeping those facilities working and producing. There are reasons why mills etc are built close to a supply. Like a sawmill in the forest. Costs are ever important in todays times where margins are everything. At 8 bucks Nickel processing will be all about processing costs. How far out of the care and maintenance woods are some mills/mines.

Open pit recovery and mine economics or deep underground mining have really come under the microscope. How about credits that help to pay the way?

IE Kidd being fed by Montcalm? How about when the present stakeholders in the area are facing depletion soon? I believe Montcalm had a mine life good to 2011 when they had their "incident" IMHO Vale and Xstrata are very different companies.

The world stockpiles of ore are interesting. You read the commentary on the Nickel Laterite quality from last nights article. I can't believe that substitution with garbage would ever suffice in the SS industry. I guess we have to stipulate quality if you are a consumer. If you want the real McCoy there are no substitutions.

Until then we continue as an explorer and prove up more and more Nickel and we can await an updated 43-101. Given our first Micon experience, I bet things are done differently and with Micon's recommendations to steer us, a better result driven program will ensue . A new QP seems to tell us one thing is different already. IMHO

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