Red, i think you are onto something here, building mines can be very expensive and there are a lot of ifs going on in this feasibility study.

Getting the financing for a suposed 7 year mine life may prove difficult, but at these prices, it is a small gamble that I am willing to make.

There could be many multiples to be gained in this project.

Exploration will be happening this winter on the northern arm, with 1.5 to 3.0 km of length to explore, this could add resource at a time when it is not factored in.

If we are in a recovery phase, the price of nickel should rise with the production of steel, this will only add to the value of the projected revenues.

If they drill deeper and find more nickel below the depth of the study, this will only add more life to the project.

At these prices, that is a bet I am willing to take. I bought some of my position inside my TFSA which would make a homerun on this one a big winner for me.

But I am willing to wait 5 years to see what happens. I could lose, but it wouldn't be all that much for me at this time. Come Jan 2, I will more than likely add more to my position, and at these prices that looks better all the time.

I am optimistic to say the least.