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)

Free
Message: new options???

Sorry to say so Sum but the talk behind closed doors must be about dollars.
The only difference from on door to the next is how are those dolars obtained, be it gold, oil or as in our case, nickel, chromium, copper and precious metals.
I think it was as far back as two years ago I said that there was a lot of talk about the PMs in the Ring but that it was copper that was ignored unjustifiably.
When it comes to dollars ( that means profits ) and Noront, it is nickel that speaks loudest and I am not only talking about Eagle's Nest but Noront as a whole.
To repeat, after nickel, it is copper and only then followed by platinum and palladium.
Yes chromite too, but until we get a feel as to if and when a chromite mine is built it is hard to place it in the above pecking order.

As for Deeter, there will be not three mines but two, all assuming that there are no New discoveries. Note that with Noront's huge land position we can not discount new discoveries but just say WHEN will the next discovery occur.

I am saying only two mines because one is for chromite, while the other is a combined nickel, copper and PMs at Eagle. Where the difference with Eagle's Nest happens is that once the ore is extracted, or partly processed, two or more streams will occur to separate and extract the different metals.

I am no expert on mining so the above is just a collection of different bits and pieces from other mining stocks that I have invested.
For exact info I refer all the novices here to our mining and chemistry guru, Hoov.

Just follow the $$$$$$$$$$...

Share
New Message
Please login to post a reply