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: I am wondering about something./Peter
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Aug 24, 2011 07:31PM

Not in complete control But When Noront transports their ore to where ever the cheapest method will be rail and Cliffs is the most likely candidate to have that rail line. Perhaps in partnership with CN Rail and one or more companies in the Ring. Hence everyone will have to come to them with cap in hand.

That is what I meant by "to some degree".

I do not expect government to contribute major funding for the rail line, however I do expect that government will be a major player with road construction if not the only one, because that seems to be their function.

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