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: Australia’s Wyloo Metals hopes to have Ring of Fire nickel mine, access road by 2026

Wyloo has time on their side and they will continue to dilute current shareholders by converting loans to shares. Sad to say but the only way we will see fair value is if a third bidder shows up. I may free roll 10% of my position but I can see the writing on the wall. I would like my $1.10 sooner ratherthan later.

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