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)

Free
Message: Re: good news...maybe
4
Jan 17, 2012 09:31AM
15
Jan 17, 2012 09:43AM
3
Jan 17, 2012 09:54AM
4
Jan 17, 2012 10:04AM
7
Jan 17, 2012 10:14AM
3
Jan 17, 2012 10:23AM
6
Jan 17, 2012 12:31PM
1
Jan 17, 2012 01:21PM
8
Jan 17, 2012 01:43PM

Imo, the last move up and this move today are both in anticipation of infrastructure announcments. The Feds have First Nations responsibility and need to demonstrate leadership, this dog and pony show is that opportunity. The Noront/Baosteel relationship is premised on the policitcal agreements between the Chinese gov't, our Prov Liberals and the Feds back when Dalton travelled to China. Baosteel timelines require announcements very soon and we hear that Noront will need funding soon. Also and imo, once infrastructure is announced Noront and other ROF companies will have an outpouring of discovery, agreements and analysis to report. EA approval for Noronts plan maybe the third jewel in this quarter. After all Noront/Baosteel are looking at 2015 for a mine and fiscal 2012 ends for Noront at the end of March. Time for all involved to giddy-up.

Share
New Message
Please login to post a reply