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: Strange stuff

from the past...

"Briefing material for Infrastructure Minister Amarjeet Sohi, obtained by The Canadian Press under the Access to Information Act, says

the province has been told repeatedly that “transportation infrastructure for the Ring of Fire region should be supported by the private sector interests involved in the project.”

http://globalnews.ca/news/2902839/can-justin-trudeau-help-kick-start-ring-of-fire-development/

Let's think about that statement for a minute. Does anyone know of a toll road that doesn't make money? How about a railroad? 

Do you folks remember this from May 17, 2017?

http://wawa-news.com/index.php/2017/05/17/nop-challenge-trudeau-and-wynne-we-ask-you-to-do-whats-right-for-the-people-of-northern-ontario/

It has been brought to our attention by a credible source that an investment company by the name of Canadian Stimulus Fund Ltd is poised and ready to invest up to $5 billion into Northern Ontario including $500 million to finance the building of the Ring of Fire access road.  A road which would also provide unprecedented access to remote First Nations communities.

An investment of this magnitude would create approximately 20,000 to 25,000 sustainable jobs for Northern Ontarians as well as tens of thousands of indirect jobs.

However, certain members of the federal government in no uncertain terms has told this company that their investment is not wanted, as job creation for the north was not needed. The provincial government refused to assist or support the initiative brought forth by the company.

We hereby demand an explanation from both Prime Minister Trudeau and Premier Wynne, as to why they continue to oppress the people of Northern Ontario?  Why do you see it fit to prevent Northern Ontario from prospering?

This company is seeking approval of a pilot program that would stimulate by way of private investment into companies by ways of generating three sustainable jobs for every million dollars it places.  Mr. Prime Minister and Ms. Premier, we ask you to do what’s right for the people of Northern Ontario."

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Is anyone confused yet?

"the province has been told repeatedly that “transportation infrastructure for the Ring of Fire region should be supported by the private sector interests involved in the project."

and yet:

5 billion is offered from a private sector company called Canadian Stimulus fund..and....it is written  ...certain members of the federal government in no uncertain terms has told this company that their investment is NOT WANTED

So...has a deal already been made with another private company? Or does Wynne no longer need the feds to match the 1 billion??

And what about poor poor Mick Davis, X2 Resources......all that money given to him from investors ...and still no commitment for a project...strange.

One of the investors must be getting impatient right now...if they did invest?

I'm thinking of IFM investments..

http://www.theinstoreport.com.au/articles/ifm-won-t-comment-on-x2-speculation

you should see their North American Infrastructure team...wow...

https://www.ifminvestors.com/investment-capabilities/infrastructure/infra-team

 

And we know that Noble Group ....is no longer invested in X2 Resources...and they "were" the preferred marketer and provider of supply chain management and logistic services.

And Noble is a competitor of Glencore.

It would be nice if Glencore took the Noble spot.

But...Ivan and Mick former friends from as far back as kindergarten....are enemies ..now...or so we are told...

If this is the case isn't it odd that Thras Moraitis a principal at X2 Resources is a director at Glencore Canada??

http://www.bloomberg.com/research/stocks/private/person.asp?personId=12678674&privcapId=261295069&previousCapId=21401&previousTitle=KKR%20&%20CO%20LP

Thras Moraitis serves as a Principal of X2 Resources LLP.
2006-Present
Director

 

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And all is so quiet in Rof-land as if this announcement didn't even happen yesterday..
 
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