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.)
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Cost of Road

Generic_profile
tau
Rank: [?]
Treasurer
Points: [?]
3214
Rating: [?]
Votes: 170 Score: 2.8
  • Currently 2.9/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: Cost of Road

in response to Re: Cost of Road by Polylabel
posted on Dec 28, 07 11:39AM

Yes, roads are a key for this development. The stock price will most likely go up significantly this year in spite of this issue, as more positive drill results come in. I guestimate that about 250 km of pretty heavy duty roads have to be built to bring out about 300,000 tonnes of nickel concentrate per year, in order to allow transport to a smelter. If the cost of this is less than 100 million, then thats just peanuts, if significantly more then it is more of an issue. To build such roads(plus bridges) will take a loooong time, which makes it hard for a major to spend money now taking over all the small players while having to wait a long time to start making money.

It is a little 'strange' that a diamond company finds this potentially extremely nickel rich region. It may be that since such companies(as well as gold miners) have such valuable products(diamonds and gold) air shipment is not at all an issue. They may therefore look in regions where traditional base metal companies normally would not look due to head aches with shipping products. This may suggest that there is still lots more in the broader region that has still not yet been discovered.

New Message

Please login to post a reply