Re: &nbsp

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

Producing Mines and "state-of-the-art" Mill

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Buxom1

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Re: &nbsp

in response to

Re: &nbsp

rastaman

posted on Apr 17, 2008 08:21PM

-R,

I spoke about this issue with my hubby (who has 20+ years in the mining industry) and his take on things is that currently LBE doesn't have enough ore/mine life presently to warrant any sort of a takeover bid.

If memory serves me correctly LBE has in place a 'poison pill' clause in the event that a hostile takeover happens.