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: Minister Gravelle Updates Mining and Ring of Fire.

Thanks Babjak1 for keeping the heat!

"In fact, some estimate the potential for more than a hundred years of chromite production."

...for a single producer! What if othert players want to get a piece of the pie? 50 years, 25 years each? This is why I believe Cliffs will want all the chromite available, and is bound to act fast...

"Both Cliffs Natural Resources, which is interested in bringing its chromite deposits into production, and Noront Resources, which is planning to develop its nickel discoveries are targeting to launch production in the Ring of Fire as early as 2015 or 2016."

Realm is splitted in 2. The King of the Ring's chromite, and the King of the Ring's nickel.

"I met recently with the key industry players in the Ring of Fire."

As per the Hoov, Cliffs, KWG and Noront...

New listeners to Mr Gravelle's engaged talks certainly tell to themselves: What to load for best return? 80$ CLF or 1$ NOT? At this time, Noront shares look to me like cheap tickets to Heaven...

GLTA.

BaBe.

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