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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: Rouph calculations at current prices - From_S
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Jul 06, 2008 05:51PM
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Jul 06, 2008 06:43PM
Interesting that your estimate came in only 380 million over my "Back of Envelope" Calc's and I low balled the Metal prices a little and excluded Au and Ag due to their relative low Grades. Thus, your work reads well to this Noront Investor. Old Joe PS: Anyone think ~$400.00/t TOTAL Extraction/Delivery cost is in the Ball Park. If so, look for ~$780 million Total Return on Production/Delivery.
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