"Gary’s exact words were that analysts were forecasting Ni prices in the teens next year."

To expand that a bit, as a I believe I read someone earlier today asking here about it, here is what Gary had to say about potential future nickel prices.

With the price of nickel down where it is, pig iron production should all but stop and mining of laterite ore will become too expensive to pursue. Gary spent some time explaining the difficulty in extracting nickel from lateritic ores and felt that at these current prices, it would be lately uneconomical to process from Goro and Ravensthorpe. With continued strong demand from China, et al, he felt that nickel inventories would begin to deplete and the price would respond upward in the new year.

I also want to add one more item which I had forgot to mention. When explaining the delays at McWatters, one major issue was related to the MOU with the first nations in the area and it caused a significant delay in the process. He said that he could not publicly state this reason for the delay at the time, but now that it is resolved he could announce it.

It looks like there was some buying interest today, some of which perhaps related to the content of the meeting and Gary's confidence in the company's future success.

As encapsulated by an earlier poster today, the pieces are set on the board and we're commited to playing the game. Nickel prices will determine if we fail, tread water or find quick returns. With shares trading around $0.20, I think a lot of people are willing to take that risk. Nickel prices will mostly determine where the share price goes from here. If we get up to $9+, we'll see a nice shot upward in share price.

Need to keep an eye on that US dollar, too, as it affects us greatly. The printing presses are about to start running off a lot of money and this might have a negative effect on the US dollar, though oil prices will probably affect the CDN/US exchange rate more than inflation fears.