Re: Noront Mining Company ?

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Edgy

Rank: President [?]

Points: 38290 [?]

Votes: 354 Score: 3.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Noront Mining Company ?

in response to

Noront Mining Company ?

FANTOMAS

posted on Jun 12, 2010 06:23PM

Fantomas & Crazytrade, you guys make sense.

Noront has an average priced nickel ore of about $650 per ton while that ore is to cost $120 to process, so this is not profitable?

How many here passed grade 3 arithmetic?

That is over five times the cost of operation, or four times of clear profit above operating cost and some here dare to compare that to mines that are closing today.