Reviewing the Forbes Article
posted on
Dec 02, 2009 01:39PM
I was reviewing the Forbes article. Maybe I'm wrong, but it looks like PRB could have gotten some more mention, but for lack of a specific reference, didnt.
Below is a paragraph from the article that I copy/pasted:
"Subsequent drilling has uncovered 100 meters or more of 30% chromite, easily mined by removing the top layers of soil and rock. Since four countries--South Africa, Kazakhstan, Finland and Turkey--now control 80% of the world's chromite supplies, Cliffs says the Ontario mines will have "a distinct competitive freight advantage over producers in other parts of the world.""
My apologies if I am looking at this incorrectly, but doesnt this "subsequent drilling" refer to the recent drilling assays released by PRB from the PRB/NOT JV. Didnt they have roughly 100 meters of more than 30% chromite and it was near surface.
If I am analysing this correctly, and at this point, I think I am, then the article could have more accurately been written in this way: Subsequent drilling, undertaken by Probe Mines on a Probe Mines/Noront joint venture claim near FWR land, has uncovered 100 meters . . . . . . . .
Now, wouldnt that have been nice. I am not 100% sure on this, so would appreciate any feedback if others also think that the "subsequent drilling" reference refers to drilling recently done by PRB.
Profitz