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: Is anyone here worried...

...about the price of nickel?

I am most certainly NOT ( pun intended).

As the price of nickel drops expensive producers will stop producing and perhaps close their mines.
With that in effect months or a couple of years later the supplies will be down to nil and the price will go the other way.

In the mean time, (keep in mind with other metal credits our nickle output should be at about zero dollars ) That will put an incentive for low price producers to produce and there are very few of them.

Bingo, door open for Noront's nickel ore.

Only problem, some uninformed potential financiers could say nickel is down so we will not risk financing.
Oh how wrong that would be.

Cheers.

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Jan 08, 2015 10:41AM
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