Here's a quote

"Noront Resources Ltd., the second-largest player after Cliffs, has completed studies required for an environmental assessment of its plan to develop the Eagle’s Nest deposit of high-grade nickel, copper, platinum and palladium estimated to be worth $700 million."

So...let's look at the Eagle's Nest Feasibility Study; the numbers were as follows:

Just nickel $2,356,911

By-products $1,174,652

Total $3,540,564 gross metal value

Note as well "A feasibility mine plan has been developed using the combined measured and indicated resources; no inferred resources have been used."

Once again, it appears the article might have been proofread by Cliffs as they tout the potential $60 Billion potential value...then suggest after Cliffs pulls out, we are left with 2nd best worth $700 million.

Regardless, the real meat and potatoes of the article comes near the very end, which I agree with wholeheartedly....

"Gravelle said the government is also waiting for environmental and revenue-sharing agreements with First Nations to be worked out, calling them key to proceeding.