GREY:LBEFF - Post by User
Comment by
Nickel77on Aug 08, 2010 1:00pm
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Post# 17331664
RE: RE: 5 year low???
RE: RE: 5 year low???Stockpilez,
As the year end fast approaches and LBE releases the Q3 / Q4 quarterlies, in my opinion, the bashers that frequent these sites will slowly slither away. As each day passes, LBE continues to prove each and every one of them wrong.
So convinced was this group LBE would go under; LBE management stunned them once again by putting together a deal with JJ dashing any hopes they had in picking up the LBE assets on the cheap. On this news alone, their Investments in Inspiration turned to that of Desperation, and in my opinion, that is what we are witnessing today.
The disturbing news and the markets reaction and valuation of the ISM Independent Micon Resource Report have not helped these boys along. All their predictions of having the largest economically extractable Ni or body in North America were wiped out the day this report was released. With no where to turn, I fully expect these few to continue their bash until LBE proves otherwise once again.
Although it has been a very difficult ride for all of us in LBE these past few years, we are finally at the point we have all waited for. LBE is now at full production and can prove to the market what it is capable of doing.
The basher’s days are numbered. It will be the market that decides LBE’s future based on the results of full production numbers which we will all begin to see over the approaching Q3 and Q4.
Best
Nickel
.