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The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.
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Message: Further assumptions

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Re: Expectations on release of Micon

posted on Nov 18, 09 08:35PM

From the last news release:

It is anticipated that the report will be completed by Micon by mid-December 2009. The delay in completing the report was a result of the Corporation undertaking additional fieldwork to ascertain the strike and depth extension of the mineralization. In addition, the updated 43-101 report, which was prepared by Kian Jensen, was delayed which had an impact on the ability of Micon to complete its report.

Mr. Randy Miller, the President and Chief Executive Officer of the Corporation, stated "We are excited that this process is nearing its completion. We believe that the report will provide the impetus for the Corporation to bring the Langmuir property to the next level."

Blue's latest post:

My guess, which is weaker than an "assumption", is the same as it has been for a long time. ISM is biding time until the market price for Ni is improved, lest they get bought out prematurely. I am not saying that they have the reports and are not releasing them, but I think they have strategically dragged their heals on producing them.

That is why I guess that the Micon report will not be produced until next spring at the earliest.

Cheers,

Bluenoser

Despite what they have publically stated in a news release yesterday, you formulate that guess??You are all over the map as well with what you "say and not say"

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