Great read, this is pretty much the consensus going forward. These mines that are being closed up will take quite a while to get up and going again. Like I have said before, the coming bull market will make the past one look like a little bump in the road. This is not the only resource that is being closed down, there are hundreds of rigs in North America that have been racked(shut down) until such time the markets turn around. This again is going to lead to a squeeze going forward. The next cycle will make the commodities shoot through the roof, oil over $200/barrel, nickel at $30/lb, copper at $6/lb is almost a certainty in the future.

This is why I have called on management to do whatever they can to keep this project moving forward. If they are in prime position for a buyout when the metal markets hit their next peak we will all end up more for our shares then we would otherwise get. This means spending money on the process, do not forget what is the most important part of this company. Without the process we will not be able to sell this project. In other words do not lose sight, keep moving this project forward.