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: Re: Looking at Balmoral = O.T.
2
Jan 11, 2015 02:07PM

I did a cursory look at their November 26 news release regarding drill results.

Good as an alternative to Noront but the ore quality is a bit short by comparison.

What good nickel intercepts occur are not matched by the copper, palladium and platinum grades.
My guesstimate is that their best is more or less average value of Noront's Eagle's Nest.
I am patient and hope to take a look at it in a year or two, not investing in them yet. Their price, about a buck, is a bit high compared to what Noront offers me now.

What interests me more is that they may have better infrastructures present ( road?) and that it is in Quebec.

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Jan 11, 2015 05:13PM
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