High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire"
NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)
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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

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Message: NOT-FACTS ....Biggest holes ever hit with this type of minerlization..

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Re: Grade - Tonnage - Location - Price of products-Nickel Laterite

posted on Dec 23, 07 03:29AM

Sorry if I confused you, yes in Canada all nickel comes from sulfides. I used laterities as an example to show required tonnages. It is just that there are much more public data on laterites, also because they are more easily quantified since they are surface deposits. Economic nickel sulfide deposits are extremely rate. The good thing about most sulfide deposits is that they thend to grow in size after they are started up(look at Sudbury).

 In terms of cost, you are wrong. Today about 40% of all world nickel comes from laterites(the rest sulfides) while for new production more than 60% will come from laterites over the next 5 years. The economics is specific for each deposit, again grade-tonnage and location. 

The only reason I posted a few comments on this forum was to hopefully gain some knowledge about certain issues I have with this stock. To even think that some of my comments actually will affect the stock price would be pretty arrogant and stupid. I know that if you are heavily invested things may get a little emotional, but even then facts and knowledge should help you.

 In any case, to make you happy, I will not post any new posts at this forum, since for me NOT will remain a hold until I am convinced that there is enough ore(>50 million tonnes) or evidence for that. Again, this is my oppinion only, do your own DD

 

Merry Christmans

 

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