Re: End of Feb 27th NOT sp predictions, all there is?
in response to
by
posted on
Feb 25, 2015 11:06AM
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)
You keep missing the point.
That billion $s is not promised just for Noront's benefit. It is for the whole Ring and some surrounding communities.
Example, E/W road is also for cheaper delivery of goods and services all year to communities beside it. And this road is to cost a fraction of the billion.
Another fraction for electrical power from grid. Remaining $s will serve for only a fraction of cost of railway. That is why Ontario wants federal government to contribute and are probably hoping for support from private investors, per Mushkegowuk.