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

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

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Message: Re: Bad Citigroup! Bad, Bad!!

Sep 29, 2008 07:23PM

Sep 29, 2008 07:35PM

Sep 29, 2008 07:39PM

One thing Gary has emphasized is throughput. He will determine how much money is needed ie in the original feasibility study at Us$12.50 Ni he was planning on mining x amount of Ni. It the price of Ni is for example $6.00 then he will increase production to offset the shortfall in cash. We also have to remember that gas costs are quite possibly going down to so some input costs may go down. The other thing is our costs go down considerably when we get to the high grade ore. One other thing to remember is that they have the option of taking the Redstone staff and putting them into McWatters as well. It all depends on where they can get the cheapest ore.


Sep 29, 2008 10:01PM

Sep 30, 2008 05:17AM

Sep 30, 2008 06:28AM

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