So why wait for a loan or what have you?
posted on
Sep 25, 2008 06:03PM
Producing Mines and "state-of-the-art" Mill
One question, why the wait? If they will be or are presently needing money and we know they will, why wait? Get some cash now and throw it in the bank and make it known to investors that once again LBE has some lifeblood again. Apparently getting money" will be no problem"
Investors hate uncertainty and as we all know it's all about balalnce sheets. They also hate a certain degree of risk. I don't think the "what's Nickel going to be priced at later" crap shoot/coin toss is anything that anyone wants to invest in at the moment. Unless you are already a holder and a believer you are hoping things turn up and MIGHT average down.
An exodus as we are witnessing has to be countered with something positive that turns the crowd in the other direction. Buck the trend.