PRW proto resources & investments ltd
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barnes hill feasibility

  1. kooringalpossum
    1,126 Posts.
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    02/07/12
    11:27
    Post #: 10381211
    I read MFC's announcent today about Barnes Hill and it seems like the mine would do well to make a profit at current spot price of $7.49. It also has references to what I percieve as optimistic forecasts of the nickel price to eventuate over the next couple of years. If the nickel price does increase as forecast, then the mine will be profitable, but it is very risky to rely on those forecasts in the current environment.
    PRW Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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