Re: Nickel Bull Run

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: Nickel Bull Run

in response to

Nickel Bull Run

JDR

posted on Apr 16, 2014 10:22AM

"It will show you really how valueable Noront's Eagle's Nest is."

I disagree, because it only shows that it is valuable, IN COMPARISON to the value of the ore and the cost of its extraction and processing.

NO I am no poohooing on your comments but want to add that the value of the whole ore is a Much greater indicator than the price of nickel alone indicates.

My point:
Return from the ore vs it's processing cost was and still is on the ratio of 5:1.
It is very rare that the return from ANY mined ore has so high a return ratio and we are hard put to find a better alternative, in my not so humble opinion.

I have said that many times over the last few years.

That is why I am present on this forum for so long and often, ( to the annoyance of some? lol).