GREY:LBEFF - Post by User
Post by
ExSudburyGuy2on Jul 25, 2010 8:29pm
335 Views
Post# 17295615
Funny
FunnyI haven't been here for a while, and see nothing much has really changed. The pumpers are still pumping, even though LBE sits at 15 cents. Interesting no one has commented on the obvious. McWatter open pit ore is grading 0.42 percent nickel. Is that really sustainable? The underground ops are a little better, but still only 1.17 percent. That kind of ore grade doesn't inspire much confidence in the company ever attaining any level of profitability.