Actually traps I think Redstone and their report should be pretty interesting. What I liked about the McWatters report was how new ways of doing business are being looked at to make projects more economic. Gary used one example on page 86 when he talked about Sub Level Caving. In table 24 the rate $35 was used when at 65 m the Stope Mine cost will be closer to $4.76. At 128,691 tonnes - this will lead to a savings of about 30.24 * 128,691 = approx 3.89M. Bubabob showed us how Ni prices could lead to higher returns. Now we are at the High grade zone so in the financials coming up we will see the results of a producing McWatters. We also are coming up to the time that Xstrata makes the final payments on our first production shipments.
I bought Liberty because I liked the fact that we target goals and accomplish them. We can take exploration targets and permit them and bring them to production. It is to bad we had the economic downturn but the reason I liked Liberty is still there. Thank goodness last year is over and this year we can move on to bigger and better things.
Exploration - some necessary icing. There are so many projects to get interested in. I wonder which ones will be targeted. Soon we should find out!
