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: cow is out of the barn

http://www.occ.ca/advocacy/ontario-economic-update-2016/northwest-region/

when you read the link above...it sounds pretty ...depressing...

Seems a lot hinges on stuff like tthe ROF moving ahead.

"Over the longer term, the eventual development of the Ring of Fire, one of the largest chromite deposits in the world, would make a significant contribution to the Northwest economy. At present, its development has stalled in face of uncertainty about government support, private investor commitment, and difficult negotiations with First Nations’ communities near the deposit. The lack of adequate transportation infrastructure is also a significant barrier to the region’s development. The Province has committed $1 billion towards infrastructure development in the region and has nominated the region as one of its “priority transit projects” for federal Build Canada funding."

 

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Yes, the ROF would definitely make a Significant Contribution to the North West economy.

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Personally, if I was a private investor.....looking to build a new Casino in Kenora...and North Bay AND run the other 5 Northern Casinos.....I think I would wait until...SIgnificant projects like the ROF ....were announced. I mean...what's the point if not much is going on in these areas ..job wise..Where are foiks going to get the the extra money to spend at these new casinos??

 

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Suddenly....after 3 years...this has become alive and is weeks away??? 

Why is the cow out of the barn..?? What is the cow aware of?

OLG says long-awaited first step to northern Ontario casino expansion 'few weeks' away

North Bay city councillor lukewarm on a casino says 'cow is out of the barn"

plans for new casinos in northern Ontario are slowly moving ahead, just as the province says it is ready to announce the private company that will run them, three years after it was originally expected.

"The announcement is coming within the next few weeks and we're very excited," says Tony Bitoni, media relations manager for Ontario Lottery and Gaming.

Private companies have been involved in a private bidding process to win the contract to operate five casinos in the north.

The winning bidder will assume ownership of the casinos currently run by the province in Thunder Bay and Sault Ste. Marie and take over the lease (which still has about seven years left on it) for the slots at Sudbury Downs.

The deal would also require the casino operator to not make any changes to the current workforce, representing hundreds of jobs in those three cities, for one year.

The private company, which would provide a cut of its profits to the provincial government, would also be tasked with building new casinos in Kenora and North Bay. 

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Also......news came out in Sault Ste. Marie yesterday related to ..Essar Steel Algoma..

Looks like something brewing there.. workers back on the job??? Looks like the Bain and Goldentree restructuring is coming along??

https://www.sootoday.com/local-news/laid-off-essar-steel-algoma-workers-back-on-the-job-482662

 

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