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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (16652)	8/13/2003 2:15:02 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 39344

<The ferronickels produce stainless steel feed mostly. This is not the same as selling nickel> You are right. This output goes to specific buyers. But Canico has the option to produce high grade Ni as well but adding a not too costly process that is proprietary to inco. This process also recovers the cobalt. <Can they get their money out of Brazil?> Sure. After they pay their tax... same as with other mining companies. < When do the Brazilians shut them down?> Why would they do that. They need the tax dollars. <And where do they get the senior money to do the thing?> No big deal when there is a big profit looming. Inco onws 18% and will support this big time.