Just in case your hopes are on Baosteel.

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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Just in case your hopes are on Baosteel.

posted on Apr 07, 2016 07:06AM

Check out following story that is having problems with steel prices. Hence reason for Bao being in the back ground with Noront:

http://www.businessinsider.de/china-unloads-overcapacity-on-the-world-2016-4?r=US&IR=T

Another reason why we may have to wait for a long while with regard to all potential saviours/buyouts. Hate to be messenger of bad news but it is what it is. Ed.

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