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

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

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Message: Re: Latest news article...
6
May 28, 2009 07:34AM

May 28, 2009 07:40AM
3
May 28, 2009 08:09AM

Good to hear from you Mineralfan.

I agree that GN and the directors that worked on this financing deal deserve accolades. Hell, JJ could have just forced us into bankruptcy and taken everything over that way. Instead they are investing in us, and I don't have a problem with the 51% ownership given the money they have on the table. It is a lot better than 100% ownership.

Things were looking very bleak before this financing. And certainly I would rather be in the position we were in 18 months ago than the one we are in now. Sure there is a risk of further dilution, but at least we have a good chance now if the Ni prices pick up. And they are lately. Ni is up 50% over 6 months ago, and the trend in the chart is promising.

Now, let's see further increase in the Ni price, a return to production, and the start of trading again.

Cheers,

Bluenoser






May 28, 2009 09:12AM

May 28, 2009 11:24AM
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May 28, 2009 06:54PM

May 29, 2009 05:59AM
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