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: Oct 26 Legislature on the ring
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Oct 26, 2016 11:21PM
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Oct 27, 2016 05:59AM

The delays originate with the indecision of the natives and their unreasonable demands. This works for the government who do not see much upside in terms of votes to spending billions in that part of the country and incurring even more debt. Furthermore with the low metal prices the economics of the entire region is questionable. Yes the Eagle's nest deposit is profitable at current prices for Noront, but not for the government who have pay for the infrastructure and "native overhead".

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