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: About time

About time

posted on Dec 15, 2008 07:24AM

Patience is still required but at least share price direction is headed the right way.

Finally a taste of nickel from other ROF player but those Chromite results are something else entirely.

The market AND Major mining outfits are going to have to pay attention to the massive and rich chromite being turned up. This looks like becoming a huge world class resource and in North America where no other exists.

Should enough be found to support extraction over 20 or 30 years (sure looking that way) then the infrastucture required in ROF and further south (to refine) will be next thing to a slam dunk. The peanut counters will love this one.

Christmas looking to be happier for we long holders.

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