RE: NML at PDAC?Bish Chanda, Marketing Director, and Phil Watson were attending their booth at PDAC. I stopped there on Monday and chatted briefly with them. They confirmed that the Chinese were interested in the project, which will cost in the neighbourhood of $2 billion. They are looking at 2011 as a target for production, so we will have a bit of time to accumulate.
They believe the property is the largest untapped deposit of its kind in North America. They had a supply of plastic tubes containing ore, and you could lift them with a bar margnet they handed you.
They also had a different handout package this year containing pertinent press releases, the third quarter report, an exerpt from a Northern Miner issue and a glossy bulletin from the Canadian Institute of Mining and Metallurgy. And of course it contained the usual Labmag project brouchure.