Re: A Year Ago
in response to
by
posted on
May 21, 2009 09:26PM
Producing Mines and "state-of-the-art" Mill
Wanderer - not sure how you got the impression that I was a stockbroker, or who told you that I was, but I suspect that it was the same people who have been giving you all of your top-flight investment advice to date. I am not a stockbroker.
That said - if I was the Chinese, and my goal in all of this was to grab the nickel in the ground in the Shaw Dome, I wouldn't spend a dime on legal fees getting LBE up and trading again. Would I get the financials done? Maybe, I guess, if that was a requirement of the board/articles etc to ensure audited financials are completed. But that would be it for the expenses on the administrative side. What price would LBE be trading at if it did trade again? No idea - but with the dilution they just experienced it would be tough to justify much more than it was trading for when it was cease traded, at least until production starts up again and nickel prices improve.
Just my two cents.
BEER