Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: Book value question

Book value question

posted on Oct 06, 2008 08:12PM

I am just guessing, but if we had 30 million bucks in the bank, aren't we worth almost 50 cents a share just on that cash basis?

I guess the Nickel value is unknown until the NI 43-101 comes out.

Then there's the other properties, Barton, Cleaver, Douglas, and Jasper.

Boy if James Darcel could have another look at us now with the amount of drilling that has taken place since his Oct 2007 analysis.

Can you guys believe a close at .86? Down -.33 cents (-24%)

Today's crazy panic driven sell off is going to work to someone's advantage. Nothing like a good shakeout.

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