Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Minister defends Ring of Fire efforts

Question Period: "While Cliffs has taken a business decision regarding its operations in the Ring of Fire, industry proponents, communities, including First Nations communities, the government of Ontario and our government (Fed) are quite optimistic about the prospects for Ring of Fire and we will continue to work collaboratively to ensure that we maximize the enormous economic potential for the Ring of Fire and the infrastructure that is required to support those projects," Rickford said.


Encouraging words, but it would be better to show us some funding commitment for specific infrastructure (NS, EW or whatever). I don't really care which one, since political leadership and comitment is what we would need. Time is getting short for the Fed (actually for everybody), only less than 1 year before the next Fed election. Let's spend some money to develop the RoF and to create thousands of jobs. It's obvious that paybacks would be plenty in various forms of taxes. As the teaching goes in Economics 101 "it takes money to make money".

goldhunter


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