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: lets just say

The grades of the ore are not an issue. What ore is of low grade will simply not be mined out until metal prices make it profitable.
What we are talking about is NOW economically viable ore. All of the major deposits discussed on these forums are economical other wise not much reason to debate them.

What is at issue is When and by Whom are the basic infrastructures going to be available to mine the now economic ore.

You may see ore shipped out of Canada as positive for the Ring but I do not, it is negative for Canada and most of all for Ontario.

Not only will Big Daddy be mined but so will our chromite, the question is when and by whom for Our Chromite. Will we sell it off or will we be given a chance to mine it ourselves. The nickel ore can make it very possible for us to mine the chromite on our own provided transportation and power needs are in place. With Cliffs being at the fore front regarding transportation and power any doubt on that should be gone.

It is all a matter of money and time. Ed.

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