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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Great news that Cliffs continues to move forward. It makes me think that we could possibly benefit by hiding in the bushes for a few years. If we have and conserve cash well enough we could wait for the painfully expensive part of the infrastructure to be built for us.

I'm sure none of the shareholders here (myself included) would like to wait that long for a payday - but maybe it makes sense.

Posty

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