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: Found this on stockhouse: production?
20
May 06, 2011 05:28PM
"If one didn't sell, but held onto Noront for 2 to 5 years into and through production."

"What numbers are we looking at?"

For that Osisko ( OSK) may be a good example of what we are to expect.

Just look at their price chart over the last few years. They just started production.

They did have a hick up in that part of their ore is/was right under the town and they had to fund the movement of dozens of homes.

We have wetness and possibly natives to contend with.

There is rarely an easy route to production.

Once production is achieved it will take a few months to maybe a couple of years for the sp to acheive full value.

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