Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: When good news is bad news

Thanks for the link bluenoser. Its interesting to see the numbers that are pulled out. When they talk about the administrative expenses they do not talk about the staff that are now working at Redstone mill, mine and at McWatters being paid now. There will be office staff paying invoices, processing payroll.

In terms of production cost we know we are not producing at full capacity.

I look at we have the financing in place to go to production, we have the permitting done, exploration has yielded us the Hart project which we can set up in the pipeline for 2009. I still believe in this project and I have to keep looking at the long picture which is coming quicker then we think. I hate the SP too but things are going to get better. Maybe not this week but soon.

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