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: Ford and Rickford Hiding for .....

TM,

I agree with the sentiment that the sale of NOT is akin to a national travesty. It is a testament to the complete failure of both the Provincial and Federal governments - they are both asleep at the wheel.

However, I don't see the Feds blocking the sale due to National Security interests. After all, the Aussies are part of the Five Eyes Alliance, so if we can't trust them, who can we trust? That said, it will be some time yet before anything comes out of the ground, so there's plenty of time for the Feds to put in restrictions/limitations on where the minerals can go (e.g. not to China for example). We just need a federal government that is willing to actually stand up and do something other than try to look pretty. 

On the bright side, as you have mentioned in previous posts, Twiggy and his team may finally get things moving, and that will be for the betterment of any involved - the FN's, Ontario, Canada, etc. (jobs, roads, infrastructure, the list goes on ...) -  just not us lowly retail shareholders. 

This isn't the first time, and it won't be the last, that retail shareholders get the short (brown?) end of the stick.

GLTA,

Hobbit

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