WHYwould the price be higher than it is ?
No financing has been done for Lac Rocher thus no 2008.....and maybe no 2009 production.
Nothing happening on the MEL property.
Minago has six to eight years of environmental permitting and aboriginal claims in front of it.
Price of Nickel is falling.
Financing is ferocious in this environment.
IMO good chance we have not seen the 52 week lows.
P.