Mikey, I was hoping someone else would post but I will do my usual thing.

Our booth had the various maps of our projects up on the walls and we had three geologists manning the booth. I got to the PDAC right when the representatives were arriving and no one was at our booth yet. I had some other sites I wanted to see too so missed the chance and made a point of listening to the presentations on Ni. Gary's presentation was at 11:40 and the show closed at 12:00.

My feelings about Lbe after the presentation are that Lbe is progressing. We have financial hurdles that maybe are stopping some investors. My feelings lately are that I have been looking for what is wrong with the company and really there are alot of things that are right about Lbe too!

We have got to remember that many people lose money when investing in the mining sector. Institutions buy into a company when they believe they can make money. They like to buy flow through financings - take our exploration credits and resale our shares to the private investor. On the reverse side - if we get institutions interested in us - they promote our shares to their investors. I know this sounds very simplistic. We saw the reverse side when we were constantly being shorted - particularly at the end of the day as institutions were leaving. They will make money for their company's any way they can. For longer term investors that are down - we have just have got to be patient. If we had bought bonds for a two year term - we would just forget about them and wait. Remember what you liked about Lbe. As a pensioner - I know this represents some of my savings. If I cash in today - I would take my loss and if there is a better choice I could take it but I have just as much a chance of losing money in a new investment. We know Lbe. Lbe has given us the info that we can punch out the numbers and figure out cash flow. We know the financial statements coming out next week likely will not be all that great. We were only starting up the mill in Sep and there were crews to get trained. McWatters was declared into production in Jan. That means our financials in mid Jun will be much better. The open pitt was started a few weeks ago and we are having a good winter for building the mine so far. The infrastructure for handling the extra ore is being readied. We don't know specifically what piece is being done on what date but it is happening. This will have a big impact on our financials.

As our financials improve Lbe can pay off the interest on the preferred shares and buy back those shares. We have loans to pay back. Lbe is going to be a mid tier producer of Ni. Our infrastructure is all in place. About this time you are saying that you have heard all this.

There are others who have bought our shares at the lower prices or averaged down when our share price was low. Some have left and made good money. Many investors have a mining background and they have told me that in terms of infrastructure, resources and reserves we have a very good company. They have punched out those numbers and there is a real up side to Lbe. I visited other companies. They talked about putting their companies in care and maintenance and how it gave them a chance to really take a breather and work on the development. Lbe did some of that too. Anyway, that is what I came away from the PDAC with. I did more internal examination. I looked at why I was invested in Lbe. I have talked to Gary many times - so it was not as important to go to the booth. My questions have been answered all along.