Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Re: A Year Ago
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May 12, 2009 09:35AM

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May 20, 2009 12:01PM

My take on things is that given that the last 10 lbe google updates I have received 8 have been in Chinese which indicates to me that jjnicl is going to promote lbe and thus the shareprice will increase.

Let's say the shareprice increases to let's say $1.00/share it means that jjnicl's $30 million dollar investments is now worth 10 times as much or $300 million dollars which also means that they can get 10 times the amount of ore.

So there might be a possibility that they may take lbe private but perhaps it might be more beneficial for jjnicl to focus on increasing the sharerprice.

Happy Trails,

-B1-


May 20, 2009 09:19PM
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