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

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Message: TSX & -ve SP

TSX & -ve SP

posted on Jul 02, 2008 12:34PM

A negative day on the TSX is certainly reflected in our SP.

Unfortunately there is really not much to say. ISM and ourselves both had -ve days. GCR had an even day.

The guys came back from the tour and everyone seemed pleased. Hopefully the company can give us an update soon.

As to the value of Ni in the future the belief is still there that supplies are decreasing for the stainless steel industry and at some point they are going to have to replace their Ni stock. I suspect it will be who has the ability to outlast who. The cheaper they can restock the happier they will be. Who is to say. It is the summer and -ve news is still -ve news and when the TSX is having a really bad day we are vulnerable.

It's a waiting game for us. Soon.








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