the cream on the golden cake

We know mgmt have talked about getting started on Nepean in Q4, so Nickel will now become a "focus", too. Maybe mgmt have timed it perfectly - time will tell.

http://www.theaustralian.com.au/business/mining-energy/investors-have-a-tin-ear-robin-bromby/story-e6frg9ex-1225832234469

"Meanwhile, on the nickel front, the commodities analysts at Commonwealth Bank have updated their view on this metal. They note that the nickel price has jumped sharply over the past week and is now sitting well above the level that these analysts had forecast. (It closed at US$20,450/tonne in London last night).

They believe the nickel price will adjust lower in the coming months before recovering later this year and over 2011 and 2012. Nickel will be in surplus this year, but not to the extent it was in 2009, thanks to continuing strong growth in China?s nickel consumption." End quote

I know some on this forum would rather concentrate on Au but IMO, so long as there is enough resources going toward drilling and producing the Au, I think it is prudent. Who knows, maybe the Ni and not the Au will be the making of the company. (When the Spaniards raped the Americas of gold & silver in the 16th & 17th C, they also brought back a funny little root crop called the potato. The world's annual potato harvest in now worth more than all the gold & silver ever taken from the Americas. Sometime the sexy things aren't the most profitable. (Just look at BRW Australia's Rich List)

Cheers,

c12