HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Fair value????
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JAK
Jan 29, 2008 08:09AM
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Jan 29, 2008 04:56PM

Re: Fair value????

Posted by: quiz on January 29, 2008 02:12PM

In response to: Re: Fair value???? by sag4tag

When you state the mining and capital costs posted by doubters, are you referring to me?

By doubters I mean each and every poster who makes comments that suggest recovering this resource as it is now known is not feasible. I read people saying the cost of the road will be 100's of millions of dollars. Yet in the general meeting one of NOT's management(I believe it was John HARVEY) said that roads are being built in the area for thousands of dollars  per kilometre by locals contracted by Ontario's Ministry of Highways. They are not building super highways just forest service roads.  I remember when this issue was last discussed the cost posted by the doubters was just at a crazy level.  My goodness if the cost was anywhere near what some posted there would be no logging industry.  And if you have ever met a logging truck loaded they are bigger and heavier than any dump truck running ore to a refinery.
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