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

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

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Message: Re: Update
2
May 07, 2010 11:36AM
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May 07, 2010 11:42PM
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May 08, 2010 10:28AM

EBF/ TPB

The company has been very open in keeping Shareholders updated to when they will reach full production. Most here are well aware the first and second quarter results will not show much of a difference in financial results, as LBE is still only at partial production. It is well acknowledged that development on McWatters underground and the Open Pit is still taking place and will not be complete till near the end of this month. The recent update yesterday confirms to shareholders full production should begin May/June sometime.


As Quarters 1 as well as Quarter 2 will not give much of an idea of what LBE is capable of doing, I would think the 3rd Quarter, July Aug and Sept to be the real financial test for LBE. Those numbers will be out in the beginning of November sometime.

In my opinion, your concern at this time is suspect when you are well aware LBE is not at full production. Maybe you should use some of your energy in writing the company you are invested with and get them to update shareholders by putting out the results of the Micon Low Grade Recovery % Resource numbers; you know the Major part of the Resource mentioned in the Ni 43-101. That would really give you some numbers to keep busy with.


Best

Nickel77

2
May 08, 2010 06:46PM
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May 09, 2010 12:41PM
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May 10, 2010 09:15AM
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May 10, 2010 03:26PM
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May 10, 2010 03:40PM
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