Which would you prefer?
On our 'full discussion' page is an add for Explor and their new discovery, so it got me thinking.
How amy companies are touting their resource, in some cases mostly smoke, not to pooh hoo Explor.
But just compare our Eagle to their grades.
Metal Ni Cu Pl Pd Zn Ag
Grade % % gpt gpt % gpt
Noront 1.68 0.87 0.89 3.09 - -
Explor - 1.38 - - 0.06 3.5
How much better we look. We have a great resource no matter of how metal prices swing on a daily or even monthly basis. And we debate and worry about nickel and chromium prices. Noront does not need to publicize it's assets as some other companies.
To digress a bit, should nickel AND chromium prices double next month, will that build our Eagle mine? Of course not.
Nor would these provide the road to the Ring.
Metal prices only provide an incentive to get going. With our governments being reluctant to fund infrastructures, these incentives are mostly to private investors.
No need for our ministers to go abroad to seek investing. Our resource and metal prices speak loud enough.
We need that road and it is not a great expense to provide it in relation to what would be the return from providing it.
All these delays or sideward expenditures by governments and natives serve no one. Example - transit expansion in Mississauga is more important than a road to the Ring? Missisauga provides more votes for jusr one ellection (forgotten afterwards) but the Ring provides a better future for this century. Where is the proper prioriy?
They should Wake Up and smell the coffee.
Ed G.