Re: Old article still applies

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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Polylabel

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Re: Old article still applies

in response to

Old article still applies

hgs225

posted on Jan 23, 2008 03:21AM

YES but remember a lot of that copper etc. gets put into consumer goods exported to, YEAH, the USA.

Now I believe metals prices are going to hold up pretty well but downturn in US Economy will have an effect on demand.

For Noront it's going to be the price of metals in 2 years that matters. Say a major buys us out lock stock and barrel before end of this year. It's still going to be another year before they could start producing metals.

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