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)

Free
Message: Re: I Usually Don't Make Such Bold Pronouncements Of My Opinion But.....

"I said that KWG has caused a lot of unnecessary delay for the ring of fire."

Hi RHammer.

Which delay really? Sincerily I don't see what kind of postponing may have been caused by KWG's actions... Unless one believes that Cliffs has withdrawn the development of its potential mine because the easement to build a potential road has been a key factor in the process. Which I don't, even for a minute. Cliffs owns 15%+ of KWG. And is a 33% partner for a huge chromite property with them. If they needed the eskers claims, they would have taken out their partner, like any other 'major' would have done. Cliffs is broke. Period. Broke with a loose steering wheel! Where would be the Ring's development at this prensent time if KWG hadn't managed to put its stakes on the eskers? Or faor that matter, if Cliffs had ended with winning its easement fight? Answer: Right at the very same place (my humble guess)! No more, no less. GLTA.

Share
New Message
Please login to post a reply