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: Just in case your hopes are on Baosteel.

I think a lot of this is already factored into the price of steel, and I only see this as good news for a few years down the road. Not mentioned in this article is the quality of the steel from China and pressure to reduce the vast amounts of smog produced by the plants in Tangshan.

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