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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: stock decline?

This has to be expected.  Everyone was expecting a higher bid.  Wyloo did what they said they were going to do. 

Now will BHP just match and let Wyloo up the game?  If I were them this is what I would do.  Easy step with no cost.  Pressure back on Wyloo.

We may be in for a long haul unless the possible third bidder show its hand.

GLTA

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