Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

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Re: We just can't accept it'

Noront Resources

about 15 years ago

in response to Sudbury Novice's message

I love how these guys are about give up about 5000 month in earnings for their "principles". Even if Vale does concede (highly unlikely in my opinion) it will take years to recover the lost income. The LME stock is at a record high and the union has very little bargaining power.

This is going a very long strike and a year from now I think they will be wishing they signed this contract as the local 6500 may not exist after that.