Post by
cupricity on Dec 01, 2011 12:42am
Dec 15th
Financial statements will answer a lot of questions about profitability at lower nickel prices, renewal of milling contract, etc.
We have delivered a steady amount of ore to xstrata and shown that we are responsible in that manner. As for low prices I can hope that with hedge funds having less long bets on commodities than anytime since early 2009 that we are in for a nice little rally as the fear that grips the market melts away.
It's like a car accident, after you crash you are really scared to drive. Over time it heals itself.
Comment by
throughmud on Dec 02, 2011 12:04pm
Copper man, if only our tiny UMJ could control the world prices for Ni and Cu! Imagine the share price, the wealth? Great intersections in the other exploration targets may make some difference but like everyone else involved in base metal mining, we need "the great global recovery." mud