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The Company has three main projects: a PGE project in Montana's Stillwater District; a copper project in California's historic Moonlight Copper Mining District; and a nickel-copper-cobalt-PGE project in Ferguson Lake, Nunavut.
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Message: ? for the board re: the untapped hematite potential

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Re: ? for the board re: the untapped hematite potential

in response to Re: ? for the board re: the untapped hematite potential by lanny9
posted on Jul 24, 08 10:59AM

I have taken some basic figures and tried to work some numbers. With the announced mining figures that SRU shows in their scoping study, iron ore could mean as much as $150-$200 million!!! This is a big boost to the project, which if you look at the overall project, the amount of saleable items from Ferguson Lake makes it easier to put into production. With this many minerals, metals etc, they will shelter each other from price fluctuations.

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