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Message: New Players in ROF_ville?

According CBC News. A delegation of Chinese diplomats (Toronto consulate) visited Webequie in a getting-to-know mission. Also there was some mention about Sinocan drilling in the ROF next month. Why would they drill for more stuff when there is already plenty around (assuming chromite is what they are interested in)? NOT has some, KWG has 30% of BD, PRB has BC, FNC is next door...and with Fe in Quebec. I would say 2 Chinese companies (Baosteel and Sinocan) would have a much better strength than CLF. There is an audio interview in the link below. I would say, forget about new drilling. It would be cheaper just to buy the deposits off. They surely can build the RR and a smelter.

It would be a good opportunity for PRB to have a chat with Sinocan, or the Chinese Toronto Consulate and introduce them to BC chromite deposit with a min. of $120M in mind.

http://www.cbc.ca/news/canada/thunder-bay/story/2012/09/17/tby-chinese-visit-ring-of-fire.html

goldhunter

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