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: The whole enchilada vs a piece of the pie

Given the ridiculously low bids and the known value of Eagles Nest, I'd be interested to know whether the BOD has considered or discussed selling just Eagle's Nest to Wyloo or BHP. After all, it seems all they are interested in at the moment is the NI and the Cu.

Why NOT keep the other properties and the chromite for another day?

As I said in a previous post the Ni in Eagle's alone should go for upwards of $1.29/share.

Hobbit

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