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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Message: Royal Nickel announces $1.1bn NPV for Ontario nickel project
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Many companies are harping about typical grades of their ores in an environment of global economic recession. These types of projects are A OK for normal times but not now. They need to wait for economic recovery to make their resources atractive and in many cases viable.
May I suggest that for now AT12 is in that category.
HOWEVER:

The above does not apply to Noront's other nickel ore (Eagle's Nest) because of that ore's richnes.
While others are exaggerating their average ores potentials, Noront with the best goods in town is relatively keeping quiet.
That bothers me to no end.

( I blame the politicians and the natives more than our company for this situation.)

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