Ann: Lynn Lake Mining Studies, page-7

I never understand posters who have a sell sentiment yet hold. It’s as if they don’t know their own minds or are simply confused.

If you take your own advice, then you sell and have a “not held” disclosure. Otherwise why would anyone take anything you say seriously? lol.

This announcement is all about reducing operating and processing costs, for what is KNOWN to be there. It’s a JORC’d resource. It is aimed at improving project economics and working out the best development pathway towards production.

It is in addition to the ongoing survey work.

The fact it should have been done last year is an irritation. However they clearly believe that with current and projected nickel pricing, this will likely be an economic project in the near future, with newer mining and processing techniques in play.

Undoubtedly it will be some other company who take it on and get it to the mining stage. We’re more or less a scouting exploration company to do the hard yards for someone like Vale who’ll swoop in and snap it up for a song. If that song is $50m-$150m wouldn’t that be a great result for a company with a MC of $7m?