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: Wyloo

I agree that Wyloo is the only buyer at this time due to the risks on road funding, EA and FN support.  However this is a 100 year operation and more mega deposits just waiting to be found.

Wyloo is basically saying that they want to fund the operations themselves and lead the negotiations, so if they are going to do all that, why share any of the spoils with retail, strike while retail is exhausted waiting.

Show me something over $1, I may consider.

Cliffs invested 500M, Noront $200 M?  Govt wiling to invest $1B in the roads..... Add that all up and 142M is seriously under valuing Noront

 

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