Re: Pinetree Analyst says Noront is Chromite play

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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Re: Pinetree Analyst says Noront is Chromite play

in response to

Re: Pinetree Analyst says Noront is Chromite play

Polylabel

posted on May 08, 2009 10:45AM

Poly,

What he said, was

1)Great nickel find, however its not economic at current prices.

2)Spending 19 million this year on exploration.

3)Longer term this is going to be a chromite play. Not as well as other players in the area have found lots of chrome. Down the road they will need a major to come in and build a road, as well as other infastructure.

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