OTCPK:NOSOF - Post by User
Comment by
greenpastureon Jan 19, 2010 7:22pm
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Post# 16697392
RE: FIRST NATION BLOCKADE...!
RE: FIRST NATION BLOCKADE...!Exactly what I thought... mentioned this in a previous post. More than one way to skin a cat. The blockade has the potential to disrupt winter drilling and exploration activities of more than 35 junior mining companies that are currently exploring the chromite, nickel and base metals deposit in Ring of Fire area.
This includes Cliffs Natural Resources and their estimated $1.5 billion plans to define the chromite mineral at McFauld's Lake. The Cleveland-based miner wants to build a 350-kilometre ore haul railway to processing facilities at a still-to-be-determined site in northwestern Ontario.