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: Noront drills 42.67% Cr2O3 over 22.36 m at Blackbird Noront Resources Ltd (C:N
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Noront drills 42.67% Cr2O3 over 22.36 m at Blackbird Noront Resources Ltd (C:N
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hgs225
Nov 01, 2011 08:20AM
Re: Noront drills 42.67% Cr2O3 over 22.36 m at Blackbird Noront Resources Ltd (C:N
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rosbg
Nov 01, 2011 08:24AM

Rosbg: They did not say they were not interested in chromite but that the Eagle's Nest deposit is more interesting Because it is more profitable per dollar invested.

I have not done any serious calculations on the chromite ore profitability but suspect it is on the order of twice to three times, either way it is academic to me.

On the other hand the nickel one is sure to provide 5 to more times the profit per dollar invested. Which ore is one to go after first. To me very obvious.

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