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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: Chromite irellivent

Chromite is huge for Cliffs because they are their own biggest customer and their production cost will be a fraction of the world price, witch in turn will make their steel price more competitive, witch equals higher profits also they will be able to supply the world for generations. I really dont think that NOT chromite will be able to compete if Cliffs dont want it too. Unless of course we wait 90 years and Cliffs dont find anymore...

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Apr 20, 2011 09:23AM
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