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: King of the Ring?
28
Aug 15, 2010 11:18PM

Hi, Milsy-

Very interesting take on things.

You say, "2) They (Noront's BoD) understand the economics, in that by making PRB's Chromite assets more readily available to Cliffs, Cliffs will bite and by doing so be more committed to the ROF than previously."

What about A) setting up PRB as a yummy Chromite-filled morsel that might whet Cliffs' appetite and buy Noront some more exploration time? As well as B) ensuring a larger/richer nickel buffer zone around Eagle One (already discussed by others on this board)?

GLTA longs!

2
Aug 15, 2010 11:43PM
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Aug 16, 2010 12:40AM
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Aug 16, 2010 07:22AM
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