Re: Easement

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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djje

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Re: Easement

in response to

Re: Easement

Woodporter

posted on Apr 26, 2013 11:58AM

Hey woodporter.

Your guess is as good as mine. There are no guarantees either way. I just believe road will come first as I have heard along. The reasons that were given to me is that FNs want access in and out of the ring, upfront costs of rail are too significant and not needed right away, and timelines. Many have heard the same, road first, rail later. From a logical standpoint it also makes the most sense to me.

Whether the east-west or the north-south route, I do not know. I have hard both for differing reasons. We wait to see.