Re: clean, cheap power to the Ring of Fire mining belt.

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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Edgy

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Re: clean, cheap power to the Ring of Fire mining belt.

in response to

clean, cheap power to the Ring of Fire mining belt.

Babjak1

posted on Sep 09, 2013 11:40AM

Clean Yes, very cheap only when the construction of the generator and water source, usually a dam and reservoir, is built and paid for. These types of projects are capital expensive at the front end, much as nuclear power. And that is assumed that everything goes well during construction and life phase.

Is there enough height for dam and reservoir?

With Ontario being short strapped for cash where is the capital expense to come from?

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