Ni, Co, Cu, PGM, Au Properties in Ontario Canada
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Liberty Mines Inc > Message
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Re: s/p

Posted by: Sarlock on June 24, 2008 04:03PM

In response to: Re: s/p by Valere

Juniors almost always get beat up in the pre/early production stages of their life. At the exploration stage, there is still the chance of a huge payoff if they strike the mother lode... in our case, we know what we have, and it isn't the mother lode, so there really isn't much room for speculation anymore. Just a slow and steady generation of cash. Add to that the risk of nickel prices dipping further below $10/lb and evaporating most or all of the profits we may make and you have a recipe for a weak share price.

Our share price will increase once we start generating a profit. Until then, I wouldn't expect much. There isn't a lot of buying interest out there right now.

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