Agoracom: Small Cap Investment - Noront Resources - Re: CBC:Cliffs suspends Ring of Fire project in northern Ontario

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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CBC:Cliffs suspends Ring of Fire project in northern Ontario

luker

Nov 21, 2013 09:09AM

Re: CBC:Cliffs suspends Ring of Fire project in northern Ontario

crazytrade

Nov 21, 2013 09:18AM

lakeside

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Re: CBC:Cliffs suspends Ring of Fire project in northern Ontario

in response to

Re: CBC:Cliffs suspends Ring of Fire project in northern Ontario

crazytrade

posted on Nov 21, 2013 10:56AM

This is probably not a surprise, but I am interested in how this decision plays out in negoatiations with First Nations, as it is a glaring example of how capital is mobile and is risk adverse. The resource sharing pie just became much smaller in the near term.