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: Shareholder's interest

I found the notes that I took on a hotel notepad when attending the June 2017 AGM in Toronto… Here they are…


- Coutts cheers to Martens Falls Chief, MF is newest SH

- Noront been able to consolidate the RoF, 80% belong to Noront, sole or trough JVs

- Ring = Sudbury scale Project

- Noront on the edge of a once in lifetime dev 

- Lucky to us: recalls Noranda, Falconbridge 

- Development expected: first Eagle Nest, next Blackbird

- EN potential 100 to 150 Tons per yesr, payback in 2 years+

- Expected Capital costs = 700MM$

- No open pit envisioned

- Money available… Capital, loans 

- Chromite+ Nickel++ 

- Nickel first to be mined

- +++ : US, smelters, TB, Timmins, Sault, Sudbury 

Etc…

 

Hey: 80% of the the RoF claims!!! Wow! 

Lots of nickel and chromite proven in the ground and much more to discover

 

And the Battery-oriented transportation future that is showing in the horizon...

 

Who’s gonna get the golden goose???? 

 

BHP must get their 51+ ASAP before another fox smells the royal feast!!! 

 

Conclusion: I will stick to my old shares more than ever, hoping for that hidden fox to show round midnight…

 

GLTA

Share
New Message
Please login to post a reply