Re: Massive Iron Ore Mine Approved in Canadian North. We can only dream of the day..

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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Edgy

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Re: Massive Iron Ore Mine Approved in Canadian North. We can only dream of the day..

in response to

Massive Iron Ore Mine Approved in Canadian North. We can only dream of the day..

Boxterfan

posted on Dec 04, 2012 05:24PM

For some iron ore price is not a problem.

Similarly for Noront's Eagle's Nest ore. It is too rich therefore potentially profitable to be affected by a drop in nickel price.

Actually I am hoping for nickel price to drop a bit further to weed out some of the competition and leave a larger portion of the market for us.
Cheers, Ed.

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