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Message: Re: Energy Division Update
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Jan 08, 2009 03:29PM
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wmn
Jan 08, 2009 03:41PM
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Jan 08, 2009 04:18PM
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Jan 08, 2009 07:51PM

wmn
Jan 08, 2009 09:29PM

I think uranium could be good since I belive that in Obama's plan there must be something about nuclear in addition to 'green' energy. Also right now we would get nothing for the energy division, so I feel it can only improve from here.

The base metals division they should IMHO just get rid off, even if giving it away. The hits they have so far been non-economic even at elevated Ni and Cu prices, so I feel at best it just distracts them and take brain and money resources away from their main focus. You may argue that some of the stuff close to Timmins hypothetically could be economic if they really are lucky, sure but then again why don't spend the money where the highest likelyhood is.

The base metal exploration way up north does not make any sense at all, the grades so far are bismal, any infrastructure and transportation costs would just kill it. Those ores have to wait for global warming and needs for base metals in the next century or two.


Jan 09, 2009 04:07AM
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tau
Jan 10, 2009 03:24AM
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Jan 11, 2009 01:53PM
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