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: A Bold Comparison

A Bold Comparison

posted on Mar 26, 2010 11:37AM

Reading the Ontario budget yesterday and the mention of the ROF as such a high priority just seemed so surreal to me.

That has led me to make this comparison which could and should be ridiculed at this stage of the game, but I am coming out with it anyways.

Ontario's Ring of Fire vs Alberta's Oilsands.

The first mention of the ROF on such a grand stage as a Provincial Budget should not be taken lightly. It's obviously being viewed as a saviour for Ontario's abysmal economy, much the same as the Oilsands were for Alberta (and the rest of Canada).

The Oilsands were debated for decades but took about 5 years to be put into production and it was not a smooth road, and there well several counts of greed...the biggest appearing to be the Alberta Gov't.

Here's a simple quote to give some perspective. 'In 2007, Statistics Canada valued the oil sands at $342.1 billion'

I am a believer that the Eagles Nest is but a tip of the Iceberg in the ROF, as I'm sure many of you do as well.

Completely unreasonable?

I don't think so.

B

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