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: Hope and the actual reality :
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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