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

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

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Message: Some Good News

Re: Some Good News

posted on Oct 22, 2008 08:56AM

Hi JES

That is good news about the roe and price of oil. The money that is being paid now is based on the value of the ore that we shipped 1 to 3 months ago. The ore we produce now we get advanced now but the bill does not get finanlized until later. Hopefully prices will be a little better in Nov and Jan. The ROE is certainly helping us and maybe the govt will have some of the money actually input into the economy.

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