Re: Nickel price to weaken further as pig iron sector cuts costs

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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djje

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Re: Nickel price to weaken further as pig iron sector cuts costs

in response to

Re: Nickel price to weaken further as pig iron sector cuts costs

B-Jay

posted on Jun 20, 2013 01:45PM

Agree b-jay, we won't be a producer until the dust settles anyways. In that time, weaker prices will expose and potentially shut down lack lustre mines. Not to mention hurt future projects whose feasibility studies are grasping at best. All this will push focus on high payback, low cost, projects like Noront.