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: Nickel Laterite Deposits
5
Nov 07, 2011 08:03AM

Lakeside, interesting read.

Just one thing I would like to add. I have seen, in many occasions/posts, that Baosteel was incorrectly referred to as Boasteel.

For background information, Baosteel is the second largest steel company (after AccelorMittal)...It owns 9.9% of NOT (with Mr. Li on NOT BoD) and will become a house-hold name in the RoF circle. Bao is pronounced "bow" (just like the bow of a ship).

Just some interesting titbits that may be useful in business dealing with Asian countries.

- Bao = Precious treasure in Chinese.

- Bao = Protection in Vietnamese.

goldhunter

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