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: Wyloo out?

If BHP and Wyloo come to an agreement that each will own a certain portion of Noront do you think a continuation under a "New Noront" option could still remain as part of any deal. I am asking because separately these two are well connected...But together they really dominate the market for nickel. Especially with Tesla aligning themselves with BHP. I think this would be a winning combination that could easily convince shareholders to join them in a "New Noront". That, I think, would be the best solution to this tug of war between these two.

However they want to split the control of the company between the two of them is their problem, but appeasing retail and any other major shareholders with the option to carry on would IMO seal the deal. Once Noront starts taking off there will be ample opportunity for both parties to collect more shares through their secret proxy based acquisitions of retail shares within the open market..Similar to RCF's buying for others scheme to make profit.Then they can divide them up within agreed upon terms between the two of them so as to not disturb their arrangement. Retail can sell, and will sell, for the right price, and each person in retail seems to have that predetermined. Customizing your approach with shareholders would be most effective. Deal with them individually.  For those who cannot stand the heat, once again offer them a cashing out alternative...In a collective agreement maybe BHP could be allowed to step in, if allowed by Wyloo, to purchase a certain degree of retail shares dealing one on one with shareholders till they reach a certain threshold...Something where Wyloo approves and BHP increases their ownership to maximum number, or percentage, of shares.

For these two to keep fighting I think they both understand it will go back and forth forever. I am inclined to agree with Malboro Dog here...A truce maybe in the cards. The Ring is big enough for both of them. It's just a matter of dealing with these annoying and pesky retail shareholders that still remain attached to the deal...We're like some sort of tiny blood sucking parasites. If we were just a few they could probably get rid of us easily...But it would appear we have grown in numbers over the years to the point of being a serious infestation.

Good.

TM. 

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