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: Hope and the actual reality :
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May 13, 2011 10:14AM
Actual reality is that most projects in the Sudbury area are old projects revamped because metal prices are on the rise and these projects are becoming profitable again.

By that I mean bearly profitable compared to Noront's Eagle's Nest.

As for time line to production, true they have it easier regarding transportation and the rest but the question remains - Do you go for barely profitable ventures that are easy to implement or a harder one that is way more profitable?

For short term jobs ( political votes ) the easier one should be better but for me as an investor I want greater profits even if it takes a bit longer.

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