Ni, Co, Cu, PGM, Au Properties in Ontario Canada
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Liberty Mines Inc > Message
J0216014

Re: Exploration vs Near Term Producer

Posted by: Wanderer5 on September 02, 2008 02:55PM

In response to: Re: Exploration vs Near Ter... by Sarlock

Sarlock,

Is that not already priced into this sp. Is not the fact that soon this mine will be in production not priced into this. I bought into a story. I have followed that story. I have watched around me and seen what they have accomplished and I have seen the delays.

Permitting delay brought us into winter.

Record cold winter - generator broke down

Problems with the ramp that took a month and a half

Now we are finally getting close to preproduction and the economy scares everyone.

We look at production figures and they can change but now we have to prove up results. Well I am ready to wait out this. We have not even heard of exploration results. Look at how tenacious this company is to keep on confronting problems. We will succeed. I believe that in my gut. And if the price of Ni stays down they will mine more to get that revenue stream going. We don't even start talking about Hart. It will be a much easier prospect because the permitting should not be nearly as difficult. Much of the infrastructure is in place. There is a whole bunch going on here.

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