GREY:LBEFF - Post by User
Comment by
angler21on Mar 24, 2008 3:19pm
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Post# 14764811
RE: Groves Nickel Copper PGM Project
RE: Groves Nickel Copper PGM ProjectIt does not stop there. Ursa Maj in the Sudbury Basin is needing to build a mill. Their cost $130 million dollars. We already have that in place - upgrading it for more production. And it is already paid for. The infrastructure is nearly built in McWatters. At Redstone we are able to mine some of a high grade resource. We are 100% owned. Yes the value of Ni could go lower. Conversely you have to look at the world around you. China is going through their industrial revolution. The people from the country are moving to the cities. It is not going to stop.