Re: Exploration vs Near Term Producer
posted on
Sep 02, 2008 09:00AM
Producing Mines and "state-of-the-art" Mill
"It's not really the nickel price that's killed LBE's share value. It's unfullfilled promises like this."
Precisely. We all know the reasons for the delays, but delays are delays and they hit the share price hard. Especially when, if we had actually hit production with McWatters in summer of 2007, we would have enjoyed a few months of high nickel prices and brought in a lot of cash. That represents many millions of dollars left on the table.