Re: BOD members going to South Africa on Wednesday
in response to
by
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)
Message: BOD members going to South Africa on Wednesday
"We have contracted Micon
International Ltd, an engineering firm with experience in estimating chromite resources in South Africa,
to complete an initial resource estimate for the company’s chromite assets. This estimate is expected to
be completed by the fourth quarter of 2009.”
The no'show luncheon consultants report back to the BODs' of the Chromite Ring in Africa, Merafe, Xstrata etc, has given them all time to do the necessary survival control of resource strategic planning for the future in response to eventually losing the entire NorthAmerican Chromite market, as the new "chromite" deposits are being defined at this very moment in time at the Ring of Fire.
Now with Probe JV hitting the C, its quite clear the chrome snake could go on for miles and miles, Now's the opportunity to put Cliffs in a real postition of put up or shut up.
Micon, no doub has already in hand a good general idea +or- a few tons of just what lies beneath the Blackbirds, this info in hand would make it all the more simple to farm the deposit around.
Hopefully Dr. Mungalls along to make sure its done right.
Just out of curiosity have any of the forum members crunched the tonnage on the Blackbirds? Of course a number would just be a "what if ", right?
Right, especially since the Blackbirds are still as far as we know....Open at depth and alond strike and not closed off or lost to fault.
yeah, chromites needed.
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