Patience & RewardsI agree with the last post regarding the PDAC and comments made, I believe the rewards will come sooner than later with less patience than originally thought. It is great to see the latest iron ore and pellet contract prices (70-80% price increases), I'm confident in the knowledgable and well connected management group and encouraged by the aggressive timeline this company has to put this facility into production. The Phase 2 work program, or pre-feasibility study, is expected to start in the third quarter of 2005. Not bad considering they just completed the property transaction in August of 2004.I'm sure the recent trip to Asia and planned European and North American meetings will peak interest and pay dividends.
Check out their website www.nmlresources.com
brax21