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: Vanadium update/BNN today
The pres of American Vanadium Corp was just interviewed on BNN, and Ingrid Babjak will be interested, I believe. He said: 1)- AVC- v($0.7x), is the only vanadium mine-to-be in NA . It will be in production in 2014. It will be the only Va mine in NA for "at least" 6 years. "sea change " business drivers are regulatory/ building standards just initiated in China which require Va in stainless steal for infastructure ((5% Va./Ton steel increases steal strength which triggers 20% reduction in steel requirements by strength/ weight.... (Check these %,s... Audio memory may not be working). Trade is strength up; weight/ cost down). -2)- Va based battery storage developments have recently lowered Va batteries by as much as 80% of previous costs a year ago. This will make long term storage batteries viable in a year. He is in discussions with battery manfactuers to supply Va in a long term lease model due to the Va energy storage life of 20+ years of Va. This battery market is equal market value opportunity to the above strength characteristic of Va. I note: NOT has Va resource . BAO is subject the new CHN regulations. NOT could significantly blow a hole in th e 6 year no completion claim. Love to hear from you Ingrid. Peter
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Jun 21, 2012 02:46PM
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