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

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

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Message: Sudbury Star

Hi Rob,

We would have to see a substantial fall in Ni prices (way below $6) for LBE to go back into care and maintenance. This is of course just my opinion based on the financials, NI reports which indicate break even points, basic business sense and the fact that Ni prices are pegged in the $7 - $7.50 range for 2010, but baring any world colapse.. this is a fairly safe investment.

All the best.

Quaz

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