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: Railway starts in the middle of all NOT FWR Deposits, supporting the whole area

Goldelicious:

"So Cliffs has 1,5B to invest, for what I ask myself ??

Buying out some properties FWR/SPQ and KWG ??, and build chromite concentrator ??

If Cliffs is going to build A WORLD class chromite mine in Canada, supplying North America, somebody else in South afrika (Xtrata-Merafe) is going to loose big customer /market share and gets a huge competitor in return, maybe that is why NOT management went to South afrika."

My thoughts as well!

And with out getting into speculative commentary on all that is "Ring of Fire" and Noront Resources, the above is something to REALLY Think/Discuss.

Short on time now (so, nothing new) to do so, but Think I will.

More exploration of the Implications/Ramifications of your post should be considered very seriously!

Old Joe

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