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: Cliffs
Reply New Message
Prev Message Back To Forum Threaded View Next Message

I don't think a low shareprice will stop them from moving forward. It sounds like low iron ore prices is their problem, so pick up the slack with the Chromite. If anything, the ROF will be Cliffs saving grace, IMO.

I am a true believer that we will see an infrastructure announcement this year and go to production in 2017. If we make it that far without a buyout at many, many, multiples of today's SP.

9 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply