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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IMO

Canadian $$ - but probably will result in an Aussie exchange listing

Noront-Wyloo company name - don't have to change the TSX or other exchanges stock symbol.  

Shareholders should be getting the offer pretty soon.  Waiting until seeing terms/more details to decide whether to accept or not.  Will also perhaps indicate direction of sp potential following closing of sale - devil in the details.  Of interest as well is if Boasteel and BHP are still shareholders or have committed to sell in to offer.

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