Re: Some post level 2.. seahawk,,,

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: Some post level 2.. seahawk,,,

in response to

Re: Some post level 2.. seahawk,,,

John Lennon

posted on Jan 07, 2015 03:31PM

No JL I did not say resource size does not matter. I said that the sp will not be above 5 dollars due to size but due to the quality of the ore. In other words due to the return from that ore per dollar spent to dig it out and process it.

Just do some rudimentary calculations of the value of metals contained per ton of the nickel ore vs cost to finished product. If that will not convince you then nothing else will, and ignore my enthusiasm.