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: Cliffs Flying
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Mar 23, 2010 03:50PM
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Mar 23, 2010 03:53PM
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Mar 24, 2010 12:20PM
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Mar 24, 2010 12:27PM
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Mar 24, 2010 12:42PM

So, CLF has one issue it has to think about in The RoF. If it does not take out NOT eventually or within a reasonable period of time , and NOT has a compelling Nickel resource, it will invite another major to gain huge critical mass and influence in both Cr and with other RoF players. So, in my thinking, one avenue is for NOT to attempt to JV with another major once the deep drilling is done. That would force CLF, who has lots of money and is not afraid of greenfields, to seriously look at some sort of deal with NOT. Perhaps that will come once the current deep drilling provides more certainty to the initial resource.

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Mar 24, 2010 02:05PM
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