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: cliffs presentation... retiredrookie-Glorie...
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Net Present Value, yes I understand. Perhaps you would do me the favour of demonstrating why this value should be lower with a longer mine life, and a high rate of return(as will be the case with the FWR chromite)? As opposed, that is, to a shorter mine life and a lower rate of return, as will be the case with the Eagle 1 deposit.

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