SKYE RESOURCES (SKR.TO C$7.90, rated OVERWEIGHT) “LONG SHOT” OR “HAIL MARY” $4-$5 EPS SCENARIO IN WHICH NO MORE SHARES ARE ISSUED, DIRECT SHIPPING ORE PRECEDES ELECTRIC FURNACES, SKYE SELLS A 10% STAKE TO A STEELMAKER AND RETAINS A STEELMAKER TO BUILD FURNACES TO REALIZE > $60 PER SHARE VALUES 3/31/2008
SKYE RESOURCES (SKR.TO C$7.90, rated OVERWEIGHT) “LONG SHOT” OR
“HAIL MARY” $4-$5 EPS SCENARIO IN WHICH NO MORE SHARES ARE
ISSUED, DIRECT SHIPPING ORE PRECEDES ELECTRIC FURNACES, SKYE
SELLS A 10% STAKE TO A STEELMAKER AND RETAINS A STEELMAKER TO
BUILD FURNACES TO REALIZE > $60 PER SHARE VALUES 3/31/2008