Agoracom: Small Cap Investment - Noront Resources - Re: NOT hits some big platinum numbers.

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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NOT hits some big platinum numbers.

Sum4All

Jul 20, 2010 06:58PM

Edgy

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Re: NOT hits some big platinum numbers.

in response to

NOT hits some big platinum numbers.

Sum4All

posted on Jul 20, 2010 07:53PM

"Platinum constantly gets overlooked and the assays turn up great numbers that indicate that we are looking like a serious PGE mine."

Sorry, but platinum is not being over looked.

At best it shares second place with copper after nickel, and palladium is in a close third place (actually fourth ) when dollar values are considered. What else matters, only $$$.

Nickel is still a distant first to the other metals at Eagle.

Out of a typical $650/ton at Eagle, copper and platinum contribute about 80$ each and palladium about 60$, while the remainder is from nickel.

May I suggest that you are over looking the other three metals. Each of which would be considered a valuable asset on their own. The greatest thing about Eagle is that we have four metals each in valuable concentrations.