Re: Cliff's announces capital plan
in response to
by
posted on
Jan 20, 2012 10:40AM
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)
You could be correct Crazytrade regarding total cost for Cliffs'road being 600 million $. I hope that is all that is needed.
However I consider your comment "We are a trading nation and cannot keep all products in-house." as defeatist and perhaps tainted with collonial past.
In no way do I agree for Canadian ore to be shipped outside the country for processing when we are starving for jobs, especially in the north. Same to you B-Jay, I see that as a serious problem even for me in southern Ontario.
Surprising to me from you both for even thinking such let alone for stating it in public. Could it be that both of you are so desperate for things to move on that you are willing to let go of valuable ore and associated jobs?
I suggest you rethink your justification. Ed.