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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Re: throwing the baby out

in response to
ISM TA
by
whaler
posted on Oct 09, 2008 08:43AM

Just took a peak at our market cap. Wow ISM is only worth $50,000,000 as determined by the market. Yet it has about $32,000,000 cash in the bank. Correct me if I'm wrong but simple math skills tell me Mr. Market is valuing all of the exploration leases at only $18,000,000!

Those last drill results are probably worth that alone. And that is at these low nickel prices. IMO the baby is definitly being thrown out with the bath water.

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