Edgy, you proving what I was talking about getting upset when ever says something that isn’t optimistic. I own Noront shares, at the moment from what I can see Eagle one with, current indicated and inferred reserves is not feasible to mine (now I may be wrong it is just my opinion) but you triple or quadruple that and you have something it still isn’t Voisey’s Bay (141 million tonnes)but it would be a nice little deposit. Am I saying that Eagle 1 deposit is worthless, not even close; I am hoping they found the next Voisey’s Bay, because I would make out like a bandit as I believe most people here would. On a side note I will fully admit I have a tendency towards exaggeration to make a point, I am fairly positive I never lied.
At 1000 – 2000 t/d I wouldn’t be surprised to see a cost of closer to 90-100$ per tonne all in.