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: Ok BHP !!!
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Oct 19, 2021 08:46AM
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Oct 19, 2021 10:25AM

I am going out on a limb here...But I would say a drill assay, or two, under a "New Noront" management could prove very telling to where the price could go. The "Old Noront BOD", which I wish to call them, still have secrets to tell IMO. Unless a much higher price is offered to compete with Wyloo's offer of continuance then I see many banking on drills running after Wyloo takes over.  This in my mind would be the quickest shock to our SP aside from an E/W road being announced to compensate for the amount of time to do the EA on the N/S. If the E/W is built in connection with moving on Eagle's Nest derisking and logistics, coupled with exploration digging up more goodies, then we might just make the market.

There is no more time to waste...Whatever has to be done cannot sit on more talk. Both companies IMO know they can't keep this penny pinching up. The media, and even the words coming out of the mouths of both Wyloo and BHP are oddly very telling...Strange, but telling...Wyloo is appealing to shareholders by toting the treasures of the Ring, and BHP is telling Wyloo they are not afraid of a good fight, and paying more, if what they want they feel is worth it...

Regardless of a continuation with a "New Noront", which IMO holds the best upside, I believe many are more focused on the numbers being thrown around for now. 

TM.

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Oct 19, 2021 11:19AM
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MC
Oct 19, 2021 05:24PM
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