Chinese "foot in the door"

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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cappysmart

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Chinese "foot in the door"

posted on May 02, 2011 10:29AM

This NOT deal is a good thing IMO.There is a lot of chromite on NOT,FNC and PRB lands that has not been spoken for.That's not to mention Ni,Cu,V etal.AND,they'll take all of the iron ore you can send them.If Baosteel can help move these projects forward I'm all for that.Competition is good for the area.