Re: ....alot of blue
in response to
by
posted on
Mar 04, 2010 11:22PM
Producing Mines and "state-of-the-art" Mill
Traps,
Pardon me if I chime into this discussion. I cannot see JJ giving up their 51% either and yes GN will have his hands full trying to hang on to the remaining 49%. What I do see from an area perspective is JJ taking a run at ISM. 92 million pounds (43-101) in their back yard is a very inviting target. Add to that 20 – 40 million tonnes at 0.5% Ni (potential) and it’s a no brainer. But what are they willing to pay for it is the question? Nickel prices on the rise helps everyone in the area and may prompt moves sooner rather than later.
ebf