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December 02, 2008
Landore Resources has lately been known as a nickel play on the basis of its 10 million tonne resource at Junior Lake in Ontario. The two deposits there, VW and B4-7, each have grades of about 0.5% nickel, grades that are of great interest when the price of nickel is US$30,000 a tonne and more. But at prices closer to US$10,000 a tonne, the market is less interested. Landore’s chief executive Richard Prickett knows there is little mileage to be had in promoting this asset in these conditions,...
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