Labrador Iron Mines Holdings Ltd (LBRMF)

[bobbleheadtwin]

I was just thinking similar, but different. If they do not open Houston, they will not open others unless local government financing or investors. Houston is a low-risk operation with minimal costs to open with permitting done. If this is a look here, now look there I believe we will know within months because we will need short term financing very soon and that should give more insight to what is going on unless Kearney keeps borrowing money to LBRMF which he has not done for others. I would hope to see a proposal for funding to either cover moving plant and railway to new location to make this a true turnkey operation. 6-10 million might cover that and operating expenses while getting that done. We do not need whole 60 million to move forward. But I could be wrong, and this is just a way for board to get their salaries without really doing anything. If there is a look here, now look there, I think it is with Anglesey 2 mines, they have been bleeding out for years, we are already at pennys.