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: The Chinese won't just throw away money. I'd be concerned...
1
Jul 29, 2009 12:16PM
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Jul 29, 2009 12:39PM
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Jul 29, 2009 12:47PM

There is no way Norant is taking this to a mine, they do not have anything close to the experiance or capitial required to start or run a mine. I am not saying I dont think the stock could go up if the results are good just saying they are not going to run a mine.

Take a look at a list of the largest metal mines in Canada, you don't see too many juniors running them.

Off the top of my head

Brunswick (Xstrata)

Creigton (Vale)

Kidd (Xstrata)

Voiseys Bay (Vale)

IOC (Rio Tinto)

Diavik (Rio Tinto)

Red Lake (Goldcorp)

777 (HudBay) (not quite the same size as the ones above but more on the scale of what we currently know about Eagle 1)

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