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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<<< " How would you like your neigbour owning 100 square ft. in the middle of your lawn that you have to cut around." Logical as always, hence worth repeating as an alternate to the emotions that most of us have. >>>

And that's exactly why CLF will buy PRB's chromite claims (if not sooner, then later). The longer they wait, the more they will have to pay. If Baosteel wanted to throw a wrench into the works to make things more difficult for CLF, then they would bid to buy PRB's chromite deposit as well.

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