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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Looks like a direct read of your posting would mean Wyloo would need 50% of what would be approximately 54%(assuming the BOD shares = 46%) or so of the o/s shares.

Still think with the continuation of holding shares in "new Noront" would be awfully attractive....it would for me anyway.

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