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

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

Free
Message: Re: So why wait for a loan or what have you?
2
Sep 25, 2008 06:47AM

Sep 25, 2008 07:48AM

Sep 25, 2008 08:42AM

Sep 25, 2008 11:39AM

Sep 25, 2008 12:03PM
1
Sep 25, 2008 12:19PM

Whaler,

Your point is noted, but on the other hand when you have the cash in-hand you also show the debt on the books, so it doesn't really make things any better from a balance sheet point-of-view. I am not so sure that announcing that the money is in the bank is going to help the SP as it also means more debt. I do acknowledge your point of removing uncertainty about acquiring the money, but I don't think it would do a lot to remove uncertainty about getting through these challenging times and into a debt-free full-production operation. IMHO.

Regardless of the timing of the debt, the Ni price plays a more important role in the future, but I agree that is uncertain and does not generate investor confidence.

We need to see a turning of the tide for sure, I jusy don't think that getting the cash in-hand would do it.

My opinion only.

Cheers,

Bluenoser

2
Sep 26, 2008 05:45AM

Sep 26, 2008 12:25PM

Sep 26, 2008 04:39PM

Sep 26, 2008 05:57PM

Sep 26, 2008 06:01PM

Sep 29, 2008 05:46AM

Sep 29, 2008 08:04PM

Sep 30, 2008 05:22AM

Sep 30, 2008 06:17AM
Share
New Message
Please login to post a reply