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: Why Noront is in the sweet spot

Why Noront is in the sweet spot

posted on Apr 20, 2008 05:14PM

Apparently a new leftist govt is going to get elected in Peru.

Ecuador is currently screwing the mining sector as I'm sure many of you have herd about Aurelian and Dynasty Metals and what happened to them last week.

Russia has stolen back many great resource finds.

I wont even get into some African countries or Venezuela.

This can only make great finds in Canada so much better and should be assigning a higher valuation based on such low political risk.

More and more we hear CEO's of major mining companies like Barrick and Agnico talk about looking for investments in politically stable countries.

I think its going to be incredibly compelling for major companies to jump quickly as the ROF continues to prove its resource value.

While the ROF may be somewhat isolated, the cost to provide reliable access to the mine will not out weigh the political costs to investing in some if these corrupt banana republics.

IMO

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