Re: What does everyone want?
in response to
by
posted on
Jun 08, 2008 03:51PM
Producing Mines and "state-of-the-art" Mill
It sure seems like we will never find a bottom. I just wonder sometimes with the price of Ni how much of it is manipulated and how much of it is real. I looked at the UMJ feasibility study and looked at the 10 year mean value of Ni and we are getting really close to it. (That Press release I posted on the ISM board Fri). I really got interested in UMJ because when Chris talked of the Groves project he talked of its ability to be an open pitt type concept and I knew nothing of it. They deal with the same mill we do and their bulk samples were sent in Oct/Nov and they received their money in Feb and Mar I believe. Agreements are confidential but it is interesting how Xstrata makes available mill space to FNI, UMJ and I don't know who FNX deals with. There are many arrangements made out there.