Re: Formal Independent valuation

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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BigD70

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Re: Formal Independent valuation

in response to

Re: Formal Independent valuation

rico

posted on Jul 26, 2021 05:08PM

Completely agreed with you Rico,

When you consider Potash had over 70% of the potash industry when Australian BHP Billiton made a hostile move to take them over. Consider the 85% that Noront has in the ROF. And consider that countries are coming out one by one that they will NOT export chrome/ferrochrome but will use it to make finished product.

Andrew Forrest's who was cornerstone investor in Fortescue sells almost all iron to CHINA.- First customer was Baosteel.

Do you actually think gov't would allow Wyloo (foreign company) to buy and control ONLY big chrome project in north America???

How could Essar Algoma be guaranteed to get ferrochrome to make USA military plate??

https://thestarphoenix.com/news/local-news/the-100-day-war-an-oral-history-of-bhps-attempted-hostile-takeover-of-potashcorp-10-years-after-it-happened

Wyloo can sit for 10 years and do nothing if they wanted to. And no consultations! No exploration. There would be NO shareholders bugging them for returns. If you were a First Nation would you be ok with that?