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: A question for the board

A question for the board

posted on Oct 02, 2009 12:34PM

It seems that most of us have fallen asleep here holding those ISM shares in our tight fists. Hanging on for so long and actually getting used to seeing no news or anything of groundbreaking importance issued by the company as of late. Completed follow through at times seems to be waning and we are numb to the little tid bits and baby steps we do see plainly in front of our collective noses.

So ask yourselves why the pending Micon study makes the investment highlight list recently added to the ISM comany website? If it's everything our bashing friends said it will be, it surely shouldn't be on a "highlight page" now should it? Apparently by the company's own admission it is or will be an appealing aspect warranting an investment in ISM........Nice to read imho

"Investment Highlights

Appealling aspects to consider that warrant an investment in Inspiration Mining Corporation include:

  • Advanced exploration project on the Company's wholly owned Langmuir nickel prospect.

  • Over 330 diamond drill cores with over 85 kms of core to prove up the past producing Langmuir No. 1 Mine site and the Langmuir No. 2 - North Zone known nickel ore bodies.

  • A pending NI 43-101 resource calculation produced by Micon International Ltd., of Toronto, Ontario.

  • A pending metallurgical analysis of the nickel mineraliztion zones by SGS Mineral Services of Lakefield, Ontario.

  • A large land package assembled in the Timmins region of Ontario, for further exploration.

  • As of June 30th, 2009, the Company held $22,290,383 of cash, $2,339,100 of marketable securities, and $860,104 of short-term investments.

  • As of June 30th, 2009, the Company has NO LONG TERM DEBT!

  • As of June 30th, 2009, the Company has purchased for cancellation 717,500 of its common shares for a total consideration of $438,847. Or at an average of $.61 per share."
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