Although I like your response with regards to helping "a young und unexperienced trader", I really have to follow Taglo.

Do you find it not a bit "strange" that someone who has never posted here so far "comes out" on a day where NOT share price seems to change to a different direction (without news !) and asks questions about fuel prices affecting a mining operation when a mine is at least 5 years down the line in the ROF.

And although I believe there will be a BIG MINE in the ROF, it will NOT be run by NOT but by a BIG GUY/ few BIG GUYS because they need more BIG MINES in the future.

You wrote:

In the case of Noront (and the ring of fire area), it comes down to proving up anough tonnage at a high enough grade. While it's still early in the area play, all indications thus far are that it could be a massive deposit with economic grades of Nickel, Pt/Pd, Rhodium etc etc. More than enough to offset the additional costs associated with the remote location and high fuel costs.

I would like to add to the "NEWBEES" here:

As quite a few have pointed out so far (especially look at JD posts), nickel and copper are nice and would highly likely contribute to a mine BIG TIME, we are really looking for further tonnage because the grades on PGE drilled so far indicate that this could be one of the richest mining districts in the world for Platinum Group Elements.

(also see my post on PGE mines: http://www.agoracom.com/ir/Noront/me... )

So if people are questioning costs and location look at Norilsk´s mines. You wouldn´t find a lot of deposits in a more remote location and all miners will have to deal with rising costs in the future.

The good thing for NOT and the ROF is, these costs will be considerably lower than with a lot of other mines because Double Eagle´s deposit starts very shallow (some will be even open-pit).

And don´t forget about the non-existent country risk being in Canada compared to all sorts of risks in other countries (political: South America, Russia / deposits at great depths: RSA / infrastructure problems : RSA etc.).

So I still can´t figure out why my first post on this forum would be a question about fuel prices having a negative effect on Noront´s current situation.

But that´s probably just me, so keep posting "NEWBEES" !

FANTOMAS