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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Message: Cliffs CEO sees no hope for Ring of Fire!!

So we have further confirmation that Cliffs's chromite is up for sale. It could not be stated more plainly.

Noront will move the nickel by a road, rail is not necessary. Rail is only prefered.

"Ontario had a opportunity to move quickly on the Ring of Fire and they dropped the ball."

I do not put the blame on just Ontario, even though they should play the leading role concerning roads and electrical power, after all they did commit a billion dollars after losing patience with federal government for matching funds and with communities wanting too much.

They do get 100% of my blame with regard to Development Corp., a political creation of a hollow company.

Anyone on this forum believe that the commitment of billion dollars is just as hollow as the DevCo?

From action of our sp there seem to be more doubters than believers, Ed.

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