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: Time to toot our own horn.

We had plenty of posts here about Cliffs's woes which in part are due to lower iron ore prices.
I draw a contrary comparison to our nickel and precious metals ore.

Let nickel, and even precious metals, drop to half of present and our ore will still stand out. At times I even wish they would.
Stand out because many present producers would be closing doors or selling assets as Cliffs is trying now but we would still be very profitable and imho it would be even more incentive to develop our mine then now.
Yes I am saying Now.
( What are you saying?, you fool.)
Well when others are closing doors the metals would still be needed. The world does not shut down. And who could supply some of those metals in low priced markets?
That is correct, Noront's nickel ore mine.
I think in that scenario we would get a bigger push to develop our mine then we are getting now.

Just some wishfull thinking folks. Relax and have a cup of java, things will not go that far.

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Nov 21, 2014 09:00AM
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