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: Budget and ROF

Tequilarose, you wrote:

"NOT to worry about that because they haven't got it to begin with"

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11 months ago, the province raised over 9 billion and they mentioned proceeds for projects like the ROF.

Are you implying the money has already been spent on something else?

https://news.ontario.ca/mei/en/2017/05/ontario-raises-28-billion-from-final-hydro-one-share-offering.html

On May 8, 2017, the Province announced the sale of 120,000,000 common shares at $23.25 per share. Upon closing of the transaction today, the Province has raised approximately $2.8 billion from this offering. Combined with previous amounts raised, the Province has now exceeded its objective to raise $9 billion in gross proceeds and other revenue benefits from broadening the ownership of Hydro One....

y leveraging the value of Hydro One shares, the government is investing in priority transit and transportation projects that will help people in their everyday lives, including GO Regional Express Rail, light rail transit, improvements to roads and bridges, natural gas network expansion in rural and northern communities and the Ring of Fire. These projects are also creating jobs and strengthening the economy, with data showing every $1 spent on public infrastructure increases GDP by $1.43 in the short term and by up to $3.83 in the long term.

Maximizing the value of provincial assets is part of our plan to create jobs, grow our economy and help people in their everyday lives.

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