TD economist Dina Ignjatovic‘s take on the Ring of Fire from a Toronto conference earlier this month: “… When asked about mining in Ontario and the Ring of Fire, Ignjatovic said it could be beneficial to the economy in the future. The Ring of Fire, located 500 kilometres northeast of Thunder Bay, Ont. has a mineral potential said to be worth $60 billion and includes the largest deposit of chromite ever discovered in North America. “I think we’re a long way out from having mass production right now but in the future, if it does get developed, it could be a boost to the Ontario economy and for Canada. Right now I think it’s too much in the early stages.”
A quick hit on one of those OTHER Ring of Fire companies … “Recently stock market broker analysts have updated their ratings and price targets on shares of Anglo Pacific Group. The latest broker reports which are currently outstanding on Friday 21st of October note 4 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell” … Anglo Pacific Group PLC is a United Kingdom-based company, which focuses on royalties connected with the mining of natural resources … The Company’s early-stage royalties include Pilbara, Ring of Fire and Dugbe 1 …”
https://ringoffirenews.wordpress.com/2016/10/21/news-211330edt/
