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: Natural Resources Minister Greg Rickford says Ring of Fire oversight body needs

Wonder what Cliffs feels their ROF assets are currently worth, given the level of negative PR, in fighting and general disarray being projected about the ROF. Wonder how long Cliffs can afford to hold on to these assets as they de-value. In my opinion, this is worth wondering about.

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