Agoracom

Our share value will increase if we can actually turn a profit from the ore we're pulling out of the ground... and at $9.25 nickel at last check, we're barely going to be able to make one and adding more reserves will have little impact on our valuation.

If we see nickel prices drop a little further, it may become more fiscally prudent to slow down future development and preserve the cash we get from Redstone/McWatters to fund operating expenses until nickel prices recover to a point where we can make money with our operations. Nickel may not recover for a while, as more and more supply comes online and demand is not responding as we had expected.