If nickel had stayed over $10-$12, we'd be looking at healthy Q3 statements with good cash flow and marginal profit (because of the high cost of production right now) and drooling over the cash we'd be making in the spring at full production. Our borrowing would have been half what it was and we would have had JJNICL mostly paid off already. We would've been excited as our share price climbed back up to $1-$2 and looking forward to some great 2009 results and share prices heading back to $3-$4.

Such is the chance you take in the mining industry.