"'…share price is much less affected by nickel prices than it will be in the future when we are ramped up to capacity.'

Don’t you think the share price will begin to increase as production increases? To say there will be little or no change, with respect to nickel price, until we are “ramped up to capacity” fails to note that we will dramatically increase revenues as we increase production of ore from the mine and increase production of concentrate - not just when we’ve achieved full production."

I think we're thinking along the same lines. The more production we have, the more we will be affected by nickel price changes as it will have an immediate and significant impact on cash flow. It does already, but to a lesser proportion per share than it will once we're at capacity, due to our lower current production levels and uncertainty about when our increases will occur and by how much.

"'…I see some potential pitfalls that we have to jump over before I feel the stock price will start to aggressively climb.'

Such as? There are always pitfalls! That’s called life. Even in accounting. For example your client might give you incorrect data. Or you might interpret it incorrectly. Or you might not remember changes in tax codes. Does that stop you from working as an accountant? Do you have some specific concern over Liberty Mines ability to open McWatters? Or to continue mining at Redstone? Perhaps you’re concerned about the Hart drill core results just posted?"

For sure, risk never goes away. But there are certainly a lot of hovering question marks that we'd like to have cleared up over the next few months. For each uncertainty that we remove, that diminishes the amount that our share price is discounted. I suspect that I am a lot more optimistic about LBE than outside investors would be simply because I am on the inside looking out. With all luck, we'll know a lot more on the 29th.