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

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

Free
Message: Re: todays s/p

Jun 02, 2008 07:41AM

Jun 02, 2008 07:49AM

Jun 02, 2008 10:13AM

Jun 02, 2008 10:28AM

Jun 02, 2008 10:49AM

Jun 02, 2008 11:07AM

2nd quarter financials should nearly be a carbon copy of Q1. Revenues will be lower due to the drop in nickel prices in late May and going in to June, so this will negatively affect profits, but at this stage of the game, the cash flow is the most important thing. The first bits of pre-production ore from McWatters should be hitting our mill soon, but I'm not sure exactly when and the grade of ore will not have a large impact on revenue.

Hopefully nickel prices recover a bit before McWatters enters full production. If they do, we'll look back at the summer and be glad that we weren't selling full production nickel at these prices!


Jun 02, 2008 11:18AM

Jun 02, 2008 11:49AM
5
Jun 02, 2008 12:24PM

Jun 02, 2008 01:41PM

Jun 02, 2008 03:23PM
1
Jun 02, 2008 05:58PM
1
Jun 04, 2008 12:42AM

Jun 04, 2008 08:45AM
1
Jun 04, 2008 09:43AM
Share
New Message
Please login to post a reply