Post by
aatozz on Aug 15, 2012 9:26pm
4 Cents As Predicted!
Millright, Victor2009 (aka Millright), Nickel77 and Surething1111 sure are quiet these days. Many others, including myself, predicted the LBE demise with the crushing debt and predatory JJ credit terms. LBE minority shareholders are now at the mercy of JJ, with their locked in 10% credit terms on many tens of millions of debt, and no income. This means LBE minority shareholders have little hope of any return on this POS. Good luck LBE minority shareholders, and the rest of the bagholders that listened to these fools as you are really going to need it. Nickel77, you better keep that day job as this POS is dead, dead, dead! Victor2009, having gone through the bottom on this POS twice says it all!
Comment by
Prof_JD on Aug 15, 2012 10:42pm
....tozzman, looks like were headed for 3 cents tomorrow..... the collapse will continue as the suspension of the nickel mine may or may not be a very lenghthy one. 3.0 to 3.5 range tomorrow will get fillled jd the prof
Comment by
Prof_JD on Aug 15, 2012 10:46pm
....tozzman, looks like were headed for 3 cents tomorrow..... the collapse will continue as the suspension of the nickel mine may or may not be a very lenghthy one. 3.0 to 3.5 range tomorrow will get fillled jd the prof
Comment by
lovemytruck on Aug 17, 2012 7:29pm
its certainly not a surprise, and I feel for the Timmins families affected by this, but this mine has always struggled, bad ground, always flooding , garage sale equipment that was in the shop more than in the mine, oh yes and terrible leadership. Balance that against the price of nickle the writing was on the wall