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 has deep pockets.

From the link below.

"Last year was the most difficult year for us. We reported a 11.2 billion yuan ($1.8 billion) profit, which was hardly satisfactory," he said."

http://www.chinadaily.com.cn/bizchina/2013-03/19/content_16318613.htm

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