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

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

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Message: Re: Any predictions?

Jul 28, 2010 11:01AM
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Jul 29, 2010 11:16AM
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Jul 29, 2010 02:07PM

Funny how no one seems for focus on expenditures. This company did predict to produce 2000+ tpd before the New York Hedge Fund loaned some monies. So by nearing that level years later I guess institutions may be a bit leary of its impact.

Revenue does not pay off the loans and preferred obligations. Profits do. Question is, how much refined nickel with the Xstrata claw back needs to be sold to meet all the promises the company made.

I'm also not a hub leader and don't bother with the other board. Just a voice raising a yellow flag among the hype.

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