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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So why is nobody stating the obvious?  Wyloo stands to make a lot by selling out to BHP.  But if they up their bid, and get into a bidding war with BHP, they win even if they lose.

It would be inconceivable to me that Wyloo won't come out swinging.

I believe that we will almost certainly see a third and fourth bid before the dust settles.  Perhaps more.

But I think the long-term holders here are at the mercy of those who would sell out at $1.50 per share.

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