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: Chromite ...Noront ...Cliffs
11
Apr 19, 2011 03:05PM

I totally agree with your view that Cliffs has enough chromite for years to come, but even if we sat on those 2 finds and SOLD them later for a profit (inferstructure, to build the mine, slurry equipment, more exploration etc) it would have been money in the bank for a later date.

As it stands we do not know what we have on these two claims wether it is nickel or "moose pasture" It was a gamble with our $$$

Probe $.40 to $1.38----- Noront $1.35to $.82

"a bird in the hand is worth two in the bush"...even if it is a dead bird.

DPITW

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Apr 19, 2011 03:50PM
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Apr 19, 2011 08:34PM
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Apr 19, 2011 08:48PM
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