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

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

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Message: Re: FARNUM
1
Aug 17, 2010 02:28PM
2
Aug 17, 2010 03:26PM

Nickel77,

I agree, sticking to the facts is a proper way to look at things. And you are right; LBE has to perform to pay off the debt. That’s the first time I have heard you admit it. IMHO, without very high Nickel prices, LBE does not stand a chance. Even then its touch and go.

As I said many times, everything has to go just right and only small things go wrong to derail any chance at profitability. Missing 23% of production like back in April will certainly do it.

Cheers

ebf


Aug 17, 2010 06:52PM
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