Tantallon.. as you are an ISM promoter and have had nothing good to say about LBE.. I don't know why I am wasting my time.. but...

Tant said "Too many promises were made then broken"

I have been invested with this company since back in 2003. Exactly what promises do you speak of that were broken? We seen slight delays (costing us 6 months at McWatters) in 2008 but these were out of the hands of management (fault.. causing slight delay in ramp development, IBA agreement/permitting for Mcwatters held up no fault of LBE management).

At no time as a share holder do I feel that a promise was broken. Nickel prices have been very unfavourable for LBE and with the entire world market crash.. just before full production.. we are in a tight spot requiring cash.

Tant said "In todays market I would doubt all the assets would retrieve $.10 on the dollar."

And yet to date we have our note holders attempting to call in our $16.5mill loan to force forclosure on the infrastructure/properties before November.. knowing they can sell them in 2010 for a huge profit.

Tant said "I would add that Redstone and the mill should be dropped"

Do you realize the Mill is specifically designed to concentrate the high Mg of the Shaw Dome ore? Do you realize that LBE to date has the largest resource holdings in the Shaw Dome area (Redstone, McWatters, Harte)? Let me thank god that you are not running LBE as your business decisions would cripple any viable mining oportunity. It is our mill that allows us to concentrate this high Mg ore onsite to make these mines economically viable.

As soon as the cash is in the bank we will see share price stablize and the company will be prepared for an upswing in Ni prices (however long that takes).

Quaz