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: Sedar - Media Release - Wyloo Metals
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RIO would be interesting, but I don't see it happening, despite the Canadian connection. With thier new (illegal?) director, and such close ties to China, I suspect they will be closely scrutinized - as they should be.

I think BHP's exit may open the door for some of the next tier to look at NOT. They may have been hesitant to enter a battle against an opponent as big and with as deep pockets as BHP. Although Twiggy is a fighter, he's been on a bit of a spending spree this year so, if a third bidder appears that sees what Wyloo sees in the ROF, he may have to dig deeper than he hoped.

Hopefully it will be an interesting New Year.

GLTA,

Hobbit

 

 

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