CLM and NML , China and TATA
This CLM news bodes well for NML as the fact still remains that NML has just about 7 times more ore than CLM. Add to this the Chinise interest in CLM and I think with India vieing for secure resources just like China and with TATA having a hand in NML's DSO project already, we have two massive growing markets China and India neither of which will be held back from growth and both of which will surely need steel and both of which won't want to be held to ransom by the bif iron ore giants like they did a few years ago . . . this is only logical!
The Chinise play was prompted by two things the biggest being their cash position as the millions put into CLM was literally a drop in the bucket. Wheras TATA's iniviatable major play will be bank and market finaced . . . a major difference but the same end result . . .
CLM if successful will prove immesurably positive for NML. This being said nothing is certian and it may end up being NML with its DSO that will start production first. Who knows.
Main thing here is we need a turnaround in the economy and when it happens added to the stylulis package which total worldwide about 4 trillion dollars then NML and the others with resource play will skyrocket and NML having the largest resource is sure to be right up there.
PS I've not sold one NML share since first buying some years ago and have been adding . . . NML will as I've stated before be a big winner and will prove to offer the best stock apprication in the decade!!!