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Message: Another map

Re: Another map...plunder

posted on Jun 04, 2008 10:50AM

-LBE has a new mill (Redstone) and they are producing ore now at about 200tpd. and up to 450 tpd. with increases in output expected later this year. The concentrator is rated at 2000 tpd. max.

-More mines to come on-line, McWatters is scheduled to be in full production in Q4 2008 which will add feed to the mill.

Redstone, Hart and Mcwatters ( Nickel) there are also Cobalt

-Redstone mine is expecting an updated 43-101 in Q3 2008

I think it is good prospects and is sitting in the gutter along with many Nickel stocks. Many are at the mercy of Nickel prices. Outlook for Nickel demand and its prices can be the cruncher here and for many.

Pretty cheap for a producer with much potential imho

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