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: Baosteel Group to build a 10-million tonne per annum steel project at Zhanjiang

So, along with Wuhan, Baosteel is expanding its steel projects. Hope that will cheer the market up. On the RoF front, guess who has an attractive package of ingredients for making steel next door to the Eagles. It has chromite, perhaps a lot more Ni, if Sir Richard of BOL hits the body of the Ni dragon in the JV property, ...and lots of iron in Quebec). Hint the 3-letter stock symbol start with an F.

Watch out unknown company. NOT may come knocking, on behalf of Baosteel.

goldhunter

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