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: New Floor Under The Price + Continued Participation In The ROF...Bang On!!
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Based on what happened when Wyloo announced their $0.70 bid, I expect it will take a day or two for the BOD to process the new "Superior Bid". 

That being the case, BHP's 5 day clock will probably start ticking on Wednesday or Thursday. If it's Wednesday, then BHP has until next Tuesday to respond.

I'm guessing the end is near. Either BHP knocks it high enough to get their 51% (and out of Wyloo's reach?), or they concede to Wyloo.

Either way, it looks like a nice Christmas for all!

Hobbit
(One Ring to Rule them All)

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