RE: RE: pat on fanny the economics are a macro issue that is effecting us, as well as all miners, resource nationalism also has nailed the miners
both good points Baron, we, as humans are not 'using' less minerals, and with the grroth rate of the Chinese population, we will continue to be 'users'.
https://www.kennecott.com/library/media/human%20consumption.pdf
https://www.mineralseducationcoalition.org/sites/default/files/uploads/Baby_2012.jpg%208-27-12.jpg
we are aiming at bigger things...
Eodway stated about a week ago that management are in a period where they cannot buy.....
however, we do know that the managemnt has tried to support the share price with buys higher
https://canadianinsider.com/node/7?menu_tickersearch=nkl
as we look at the entire field in the mining industry there is a 4 buys to 1 seller of insider shares...
https://www.theglobeandmail.com/globe-investor/inside-the-market/insiders-suggest-now-is-the-time-to-snap-up-junior-miners-on-the-cheap/article9270513/
we are in a down cycle with the share price and the worldly look at miners for many reasons...this is a time to look at your projects and slim em down now And in the future so as to make it look attractive to any suitor that comes along. We have the ability to accomplish all these, especially being in the Yukon and having a quality relationship with the First Nations...this was a mine...with the new technology that has been developed in the past few years...these minerals can be removed from the ore more efficiently as well as efficively at higher percentages...the met results as we move forward will show this. We need mines like Kennecott, Polymet etc to continually mine with the latest technologies and prove to the enviroMENTALists that the waste rock can be treated properly as to not create acid rock drainage (by keeping air and water from getting to the waste rock at the same time)
moving this company from 'junior' to actual miner with Shakespeare and making 1-2 million dollars profit per year makes sense from a market (and marketing) point of view.
we mine both.