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

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

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Message: Re: Too Funny
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May 13, 2010 04:27PM
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May 13, 2010 11:51PM

And what do you qualify for Tantallon??

Through??? Do you mean throw??

Yah we should listen to you?

Did you read that they spent around 3mm on Capital expenditures and Mine development expenditures?

"Liberty had capital expenditures of $1.3 million during Q1. The majority of the expenditures related to the additional equipment required to bring the McWatters mine into full production. Mine development expenditures of $1.7 million related to the continued development of the McWatters and Redstone mines. Expenditures related to the development of the McWatters open pit commenced during Q1."

So one would assume that in future quarters the expenditures will be significantly less.

We were also cash flow positive of over 1.1mm which is what real investors look at...all this while we were at 30 -40 % of full production and not even into any of the rich stuff.

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May 14, 2010 12:21AM
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