HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Wyloo Metals would put proposed Sault ferrochrome plant under the microscope, if successful in bid for Noront Resources

I wonder if what Wyloo is looking for is to buy Noront's stake to Eagle's Nest, carve off the rest of the Ring for Noront or a new company to keep.

This wouldn't be ideal to me as a shareholder of NOT because that would mean Coutts et al get the $133 million of cash (or whatever the price for the Eagle's Nest stake ends up being) and we're left again with same management bungling along.

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