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

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

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Message: Re: Trying to figure things out

Aug 03, 2008 04:36AM

Buxom

FNX has been producing for how many years? What is their SP in relation to Lbe's. How much resource were they producing and selling at high Ni prices? One of their big selling points when they first took off was that it cost them nothing to produce the Ni because of their byproduct credits.

Lbe has to get McWatters up and going and generate positive cash flow before we can really worry about FNX. Hart has to advance more. When Ni prices were $22 and our SP was $4 we were compared to FNX but right now we just need to worry about our own targets.

Happy Trails.

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