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: Assertions: Comparisons

Re: Assertions: Comparisons

posted on Apr 16, 2009 05:31AM

I really don't think availability of land is much of an issue up there LOL. If the resource is developed, the plant and physical structures will be as close to the orebody as possible for logistical reasons (synonymous with cost factors). There may be information Cliffs has that we don't have but that would be very disappointing to shareholders if they are being kept in the dark. With the info I have personally, the situation does not add up. FWR is closely associated but they are not part of the public equation at present.

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