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)
Message: The future of Ontario
I watched the debate on Sept. 27,2011.
Many of you are disappointed with the fact that the ROF was not mentioned in the Sept. 27 debate. But, the ROF sits in the centre of "THE STRATEGY."
Now, I want to you to connect some dots...and to put the big "picture together."
This post will be a bit long but I think you get invigorated and you will be holding your shares with a tigher grip.
(1)
Our Minister of Energy is Brad Duguid.
Brad Dugiud said:
"We’re going to do what we need to do to make sure that we attract the jobs, the investment and develop the ring of fire in a way that’s going to maximize economic development opportunities for the North," he said.
The Ring of Fire was highly touted in the Ontario throne speech last year as a cornerstone of the province’s future prosperity
When you read the bold portion, you should be thinking, Brad, how do we maximize this opportunity???
In enters Samsung.
(2)
Jan 21, 2010
Read this about the Samsung Deal
Here is the link
http://www.thestar.com/news/ontario/article/753609
in particular I want to to read this part carefully and ponder on it. Ponder on the words, "Brad is with the Program." it was only after McGuinty shuffled his cabinet on Monday — replacing Phillips with a more pliant Energy and Infrastructure Minister Brad Duguid — that the Samsung deal is moving forward. "Brad is with the program," a senior Liberal confided. But Hudak said the cabinet schism should set off alarm bells. "Something smells about this deal when you hear that it divided cabinet," he said. NDP energy critic Peter Tabuns expressed concern about "this backroom deal." "Ontarians deserve assurances that their interests are protected and that provisions to create local jobs and source from local suppliers are ironclad," he told reporters. But the premier has strongly supported the deal throughout all the political turbulence. On Nov. 9, McGuinty emphasized that he wants "Ontario to be the place where we are manufacturing those wind turbines," not just for use here, but for export. With the Liberals promising to create 50,000 jobs over the next three years through the Green Energy Act, the Samsung deal is crucial to their strategy
Samsung C&T and KEPCO will support the development of local infrastructure for the renewable energy industry by constructing production facilities to provide key components, such as blades, wind towers, solar modules and inverters. Samsung C&T will also encourage component suppliers to build manufacturing facilities in the area. In total, the project is expected to generate more than 16000 green energy jobs within the province
(3)
Ponder on the words...Samsung is crucial to their strategy ...and McGuinty wants Ontario to be the place where we are manufacturing those wind turbines...not just for use here but for export.
(4)So, the idea is that the stuff gets built here ...for our own use and for export. There are three key things here.
Where do you get the materials to build this Green Energy Samsung stuff?
Solar materials, Windmill materials? Where oh Where do we get materials for those components? With Samsung making a commitment like this they will of course want to make sure they have stable supply of materials...located fairly close by!
How about reading this link as a hint to the answer to the question.
This link above will open your eyes to why Samsung is important to "THE STRATEGY."
In the article you will read stuff like:
Chromite
Four main minerals are used as molding sands
in the foundries market; silica sand, chromite,
olivine, and zircon (see panel).
In link you will also read on the last page 3rd paragraph from the bottom.
In Europe and North America foundries have benefitted from the fast growing market
for wind turbine blades. Particularly in the USA the wind turbine market has developed
over the past five years, from a market that was almost nothing to a very promising growth area.
“The wind power generation market has been cutting a real boon over the last few years,”McLean commented. “It’s a lot of yield and these are huge castings.”
Do you see where the ROF chromite fits into to all this..do you see the chromite use in the wind turbine blades?
Next the subject of export. Would we have potential customers? You bet.
How about reading this link:
http://www.renewableenergyworld.com/rea/news/article/2011/01/obama-calls-for-80-clean-energy-by-2035
How about this link:
Next benefit is this:Low carbon growth.
Brad Duguid applauded the deal (SAMSUNG DEAL) saying: “By executing this project the Ontario Government will be one-step closer to taking the lead in the North American green energy industry by securing the infrastructure for low-carbon growth, creating new jobs and a renewable energy cluster.”
IT GETS BETTER and Bigger.
IT GETS BETTER and Bigger.
(5)
Now focus on the following connection: NORONT-BAOSTEEL-SAMSUNG-WINDMILLS-ONTARIO LIBERAL PARTY
The link below is :
Baosteel supplies 100,000 tons of heavy plates to Samsung Heavy Industries.
NOw what does Samsung heavy industries make? Answer: shipbuilding and WIND POWER BUSINESS.
ARe you seeing the connection now.
Noront has good in which Baosteel has bought in to secure supply. Samsung will be making windmill here. Baosteel/Noront will supply chomite and other goods to Samsung for WINDMILLS amongst other things.
So, for those of you that are disappointed about the debate. Don't be. The ROF WAS THERE IN DISGUISE. GREEN ENERGY=SAMSUNG=BAOSTEEL=NORONT.
My vote is FOR MCGUINTY for all of the above. For the effort, vision and "smarts."
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