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

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

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Message: Update

EB, its nice to dwell on production numbers, gross revenue per pound etc. These are the nice and easy things that people can get their head around. The trick to this company will be to home in on its cash flow statement. Profitability is not even the issue.

You only point the obvious commitments of debt and monies owing. The real question is there anything left to pay the bills let alone pay down any debt or to buy back any preferreds. I expect we will see a token amount bought just to save face.

Are suppliers being paid on time without going to court? Is there any cash left over to develop Hart? A big drain there while depletion continues. Investors seem to over look the great amounts of capital thats been thrown at this. Its as if they expect a $5 stock. Looking at the amount Xstrata claws back for processing fees and the nsr's theres not much left in the cookie jar. And that should become more obvious with next weeks financials that were promised. Well thats what the sp is saying anyway.

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