Re: Anpther Posibility

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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MaxValueHolder

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Re: Anpther Posibility

in response to

Re: Anpther Posibility

crazytrade

posted on Apr 09, 2013 12:02PM

It is something that is called Offtake Agreement. Similar things happened with REEs before few years because USA army doesn't want to depend on metals that are outside of North America for strategical reasons. Who will benefit form that, probably both CLF and USA army. I hope that ROF stocks will also benefit from that Agreement.