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)

Free
Message: Re: Trading vs Long hold considerations

Sorry I just don't yet buy it. A hit on VMS doesn't mean economic mineralization. Aerial and ground surveys or MMI test don't guarantee an economic ore body. There are 1000's of targets all over Northern Ontario and Quebec that turned out to be not economic.

Sure all the above and costly diamond drilling narrow down the odds but it's still an expensive risky business exploring for mineral wealth.

Is this a great area to explore? Sure it is and some day some where one of the players will find something of value but so far it's only Noront. The others might have the sizzel but Noront has the steak.

14
Feb 03, 2008 07:04AM
22
Feb 03, 2008 07:23AM
14
Feb 03, 2008 07:24AM
6
Feb 03, 2008 07:53AM
17
Feb 03, 2008 08:11AM
7
Feb 03, 2008 08:31AM
11
Feb 03, 2008 09:07AM
16
Feb 03, 2008 09:33AM
11
Feb 03, 2008 09:49AM
3
PM
Feb 03, 2008 10:01AM
4
Feb 03, 2008 10:02AM
1
Feb 03, 2008 10:13AM
3
Feb 03, 2008 10:26AM
7
Feb 03, 2008 12:24PM
3
Feb 03, 2008 12:34PM
3
Feb 03, 2008 01:13PM
4
Feb 03, 2008 01:22PM
3
Feb 03, 2008 01:31PM
2
Feb 03, 2008 01:32PM
5
PM
Feb 03, 2008 02:03PM
13
Feb 03, 2008 02:31PM
22
Feb 03, 2008 06:45PM
13
Feb 04, 2008 02:27AM
2
Feb 04, 2008 03:20AM
7
Feb 04, 2008 03:58AM
Share
New Message
Please login to post a reply