Everything was down today big time. The oil price went north and everything else went south. Even gold stocks. It is not a reflection on LBE but on the overall economy.
I think the oil traders are trying to see if they can hit $200. Until they stop playing around, we are going to see major hits to all stocks and the economy. (Of course, there are many other factors at play as well).
I see from the AGM presentation we should expect news in August. Let's hope for at least a bottom in the Ni price until then, preferably an increase. We know we have ore, we have to get it out of the ground, process it and sell it. Nothing has changed there.
Cheers,
Bluenoser