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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: Gold properties?
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Whaler,

India bought 200 tones of gold from the IMF recently. Demand is up with all the uncertainty these days. Some people are predicting $1500 – $2000 gold over the next year. A guy from UBS is also calling for $10/lb Nickel. He said that the world has not factored in the effect of the production decrease in Sudbury and even with the high inventories people are going to wake up to a shortage one day.

EBF

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