Chromite and the Chinese

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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Auminer

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Chromite and the Chinese

posted on Mar 10, 2016 09:23AM

I would like to remind everyone that Boasteel, a Chinese government owned company, has been a major share holder of Noront for many years and currently holds 9.5% of the stock.

They did not put up any money to acquire Cliffs so I fail to see why everyone thinks that the

Chinese are hot to trott when it comes to investing in chromite.

Wishful thinking as far as I am concerned, especially when it comes to KWG. We need to stay

focused on Eagle's Nest, it is our best chance of getting anything going up there anytime soon.

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