Ni, Co, Cu, PGM, Au Properties in Ontario Canada

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Message: April 2008

April 2008

posted on Nov 12, 2007 03:38PM
My sense of things is that until April 2008 lbe will be producing 200 tpd - which will mean imo that the stock price will remain low until April 2008 when production will roughly double to between 300 - 500 tpd...and then another 5 - 8 months until 1,200 - 1,500 tpd will be reached (Q3).  

Recently I updated a spread-sheet that had all the relevant costs @ 1,500 tpd with nickel @ ~$15/lb ...the stock price 'should' be trading at roughly $11/share (this is with a 7 times multiplier).  Any other guestimates would be greatly appreciated.  I would love to read where others think lbe's share price will be in the next 1/3/6/9 months from now.  

Happy Trails,
-B1-


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