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: Re: Ontario PCs say Cliffs quit Ring of Fire +

I just read the remainder of that article and noticed the following:

"The three-part agreement that was never concluded between Cliffs and the province called on the government to give the company a reduced rate on electricity for 25 years that would have saved it up to $1.5 billion."

So Cliffs went because they would have to pay say 15 million $s a year while saving 1.5 Billion on electricity over 25 years. 25years * 15=375. 375 vs 1500?

As an illustrated example, if I used a pie to represent the dollars, to a first grader I think he would understand. Could not help LOL.

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