I suspect you are going to find that all those shares were not bought back. The company is spending money on Hart and McWatters and just keeping things going. I for one, support the option of spending money to get McWatters going, and moving Hart forward so we do not face the problems we have been experiencing again. Buying shares back at this price would have been great but with Nickel down at the level it has been we have had less revenue.

I was talking to Chris this morning and asking him about the ramp. We have 2 shifts working there. Each shift starts by dragging out the rock from the shift before and finish by laying more charges and then blasting. Explosives are set for about 3 metres of rock being affected. So 2 shifts can move on good days 6 metres. The target is 5 metres a day which is the industrial standard for sinking a shaft.

Redstone mine they are doing two shifts a day also.

Ni they are bidding 10.97 and asking 11.06.