Ann: Wabowden Nickel Project Option Deal Investor Presentation, page-68

Fair enough. The forecasts do change though.

It seems as though quite a few projects are marginal so if they want any extra supply the price will have to increase.

I was speaking to a wise old guy at a nickel conference not long ago and he was talking about the crowds attending the nickel conferences over the years.

He was saying the first time there was hardly anyone at the conference and it was a low point and he should have been buying nickel stocks. The next year of interest the nickel conference was crowded and that turned out to be a peak in the market for nickel stocks. This year's conference was very quiet, and he was relaying the story to me and thought it could be a signal.