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: Vale (CVRD) spends US$1.6 billion for 12 new huge ore ships
The other thing to think about is that even if the US and Europe go into medium term downspins, the people in the mining industry know that everything comes around so the US and Europe will bounce back...the question is when. The value of the minerals we have in JBL are of such high grade and will prove to be of such tonnage that whoever owns them will benefit largely in the long run as these finds are rather rare... G.
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