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

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

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Message: .......Mining..Cost....

Oct 19, 2008 12:48PM

.......Mining..Cost....

in response to by
posted on Oct 19, 2008 04:13PM

..multiples of mines in the last two wks have announced closings or delays of projects. The current supply on the LME should see a constant drop as this supply dwindles and the inventory is slowly chewed up. I noticed FNI in Sudbury had its stock halted on Friday( don"t know why ) and rumors are flying about other producers. I am positive Gary is not concerned about financing as he has been purchasing shares at these low prices according to the insider reports,,but, what are our options if financing does not transpire. Thinking out loud, could share holders on record purchase shares through some sort of shareholders rights plan at a determined price, to allow the Company to continue operations , and reach production at the McWatters at which time cost should drop in half.Traps

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Oct 19, 2008 06:33PM
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Oct 19, 2008 07:29PM

Oct 19, 2008 10:38PM
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