Re: IntotheWest

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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seawind

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Re: IntotheWest

in response to

Re: IntotheWest

MISFIT1

posted on Jul 30, 2008 12:25PM

Misfit1,

First, I very much enjoy your posts; please keep them up! However, in addition to the points by rodg45 & donypee, I suspect you overestimate the value of cheap labour. South Africa - a major chromium producer - with all its cheap labour, has had major issues in its mines during the last year due to infrastructure issues that are not going to go away. I believe the biggest reason the market does not seem to be valuing Noront's chromium deposits is because of our unfamiliarity with it here in North America.