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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Gib Bogle who wrote (37762)	4/6/2007 1:52:48 AM
From: hank2010	Read Replies (1) of 78420

I was in and out of LBE from 35 cents to 3 bucks. Made some decent money, but swore off of it. I just look at the two in Sudbury (FNI and FNX) that have the infrastructure (shafts and declines and other development) in place and have the milling contracts with large mills (FNX Clarabelle 30 to 50,000 TPD? and FNI Strathcona 10,000 ?) so that their milling costs are low, and distances to the mills are low. LBE has to do all that capital expenditure which costs both money and time. Then there is the Sudbury Structure vs the Timmins komatitites (or is it komatiites?). Sudbury just keeps on surprising with all the places that they keep finding new ore. And if it is not nickel, it is high grade copper and pgms. I look at FNX and FNI being run from Sudbury and LBE being run from Alberta. I just have a better gut feel for FNI and FNX than LBE. But, if there are more buyers than sellers of LBE.... But to answer your question "was that rash?" No certainly not rash, IMO! Rash is when you say FNI is going to $3 or $4!

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