Re: Chromite may not be what is wanted..miskealp

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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rosehill

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Re: Chromite may not be what is wanted..miskealp

posted on Oct 19, 2009 09:07AM

miskealp,

I could not agree with you more on this subject. I have been thinking along the same lines for some time now. I just can't swallow the chromite story no matter how much press it receives. I have tried but I keep coming back for more nickel.

Over a year ago I had a discussion with Dave P. from PRB on the subject of chromite. He was quick to dismiss the find in the ROF. If I remember the conversation correctly I believe he said the world has enough chromite. Today Dave is physically handling chromite drill cores on the JV property with Noront. What has changed?

I'm sure Dave realizes that chromite cores will do nothing for the PRB stock price. On the other hand, if PRB set its site on deep nickel we would definitely see a movement in both the NOT and PRB stock price. Why are we all playing the chromite game when nickel is the real deal?

Yes, it does look like consolidation is the fist priority. We will look for more Nickel when ....?