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: I Know It's Not Much.....But Ferrochrome 2.29, now 2.48

Not different but somewhat to the side, lol.

We all know that metal prices fluctuate all the time, not only on a daily or weekly basis but over years. I do not put much faith on metal prices alone. One has to look at all the other factors affecting price.

As I have reminded earlier, Noront is still mainly focused on the Eagle ore and not chromium. Chromium focus is mostly with politicians and media. They see the huge $ value of chromite and over look the difficulty of realizing it. Just note how long all the talk has taken and not much to show for it.

I mean the Noront nickel ore and basic infrastructures to develop the region are the first steps to get going .

We need to learn to walk before trying to run. Chromium focus is acting as a distraction from those initial steps.

 

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