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: Re: BHP......Why?
8
Jan 12, 2022 06:26PM

Cupcake - you are correct. That's exactly what I've been wondering about.

In theory, BHP could pick up a bundle of shares and end up with a not-insignificant portion of NOT. I re-read that notice again last night and the pre-amble states they and thier "affiliates" can buy NOT on the open market until the Expiry Time (COB on Jan 14). 

And anything BHP does buy now would be at a discount to whatever final price they might be will to pay (e.g. an opportunity to save some $$$).

I plan a to hold on to my shares at least until we hear how much BHP picks up. Presumably they will have to disclose that sometime next week.

GLTA,

Hobbit

5
MC
Jan 12, 2022 08:42PM
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