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: Mining: Ring of Fire – Ore and Promise Stays Grounded
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"Jim Franklin, the former chief geoscientist at the Geological Survey of Canada and one of the world’s top experts on the Canadian Shield geology, predicted that at least $140 billion worth of chromite and base metals will be discovered in the Ring of Fire and an additional $140 to $190 billion of gold in the many greenstone belts to the west of the camp."

The numbers just keep getting bigger and bigger.

What everyone is ignoring is the fact that If it cannot be mined at a profit it is worth zero. The value of the chromite in the ROF? Zero. Furthermore if you factor in the cost of pleasing all the natives in the ROF the value of all the minerals in the ROF is also Zero.

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