InvestorsHub Logo
Followers 95
Posts 14359
Boards Moderated 17
Alias Born 05/25/2004

Re: EnergyGuy62 post# 164

Wednesday, 12/30/2009 7:51:27 PM

Wednesday, December 30, 2009 7:51:27 PM

Post# of 174
You're correct; here is what is indicated on their web page:

Summary of National Instrument ("NI") 43-101 Mineral Resource Estimate (using a DTWR cut-off grade of 18%)

Zone Tonnes
Billions %Fe
Head DTWR
% %
SiO2 %Fe
DTC
Indicated 4.29 29.08 27.26 3.53 68.00
Inferred 1.97 29.24 26.55 3.51 68.12



"http://www.adrianaresources.com/s/LacOtelnuk.asp

That post had me quite upset with the shocking news of "ArcelorMittal ("Arcelor") terminating the memorandum of understanding with the Company relating to Arcelor's participation in Adriana's iron ore port facility development project located in Sepetiba Bay, approximately 70 kilometers west of Rio de Janeiro in the State of Rio de Janeiro, Brazil."

I was more interested in investing with Adriana in one of the BRIC countries and Arcelor seemed to be an exceptional way to achieve that end.

I will try to call someone in IR tomorrow and maybe they can issue a correction to help our cause.

sumi

PEAK OIL #board-6609
PEAK OIL+DEPRESSION - SUSTAINABLE LIVING #board-9881
PEAK NATURAL RESOURCES #board-12910
PEAK WATER #board-12656

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.