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

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

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Message: Re: All in!
1
Oct 01, 2008 08:01AM

Oct 01, 2008 11:45AM

Living,

I doubled up my position on LBE. I think that the pathway to production is clear and secured, IMHO.

I don't think that LBE constiutes a gamble any longer, now that the financing is in place. Nickel prices may be a gamble, but that is true right across the industry. But I don't think LBE itself is a very risky play at this time outside of Ni prices.

As far as the price goes, I cannot see the price changing positively until after the financing is complete, due to the warrant clause.

That is just my opinion, however, and I encourage everyone to do their own DD. I do not make it a habit of trying to tell people what to invest in.

Cheers,

Bluenoser

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