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

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

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Message: Wanderer/Angler and others

Re: Calgary Meeting

posted on Sep 27, 2008 02:48PM

Freedom, good to hear the feedback from the Calgary meeting. I think it's one heck of a positive for Gary to come out and say the required financing is secured. Thats one heck of way to meet the bankruptcy rumours headon. If it is true that the institutions are doing that this will help to counter that. if these same folks realize that LBE is way oversold as a result of that, watch how fast the SP comes back as some buy back in.

I could blabber about it some more but it's all about risk and uncertainty. That liquidity issue is one big piece of the puzzle here.

good stuff

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