Re: ...Wow, A Loaded Question
in response to
by
posted on
Feb 15, 2009 08:55PM
Producing Mines and "state-of-the-art" Mill
At any rate, we can take solace in the fact that we made an investment in a good company with good prospects and good management and have just fallen victim to a particularly viscious market downturn of generational proportions. Had this downturn happened 6 months later, Liberty would have capitalized on $15 nickel and built up substantial cash reserves and would have had the ability to weather out the storm. 6 little months and our fortunes would have been so much different.