Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)
in response to NOTgonnaLOSE's message

The deliberate effort to short our stock price over the last few months has been targeted at the goal of achieving a hostile take over. That has been the sole focus of Rosseau and his group.

It is a calculated gamble to achieve control after which, if control is achieved, what ever losses they have incurred can be more than made up for by issueing themselves significant packages of shares and options with a view to a quick sale to a major.

It is all about a quick buck.

When Rosseau fails in this attempt, it will no longer be his goal to see the share price falter. Quite to the contrary. he will want the share price to increase dramatically as he no longer has dreams of control, and he knows that the exisiting BOD will not be in any rush to undersell the assets of the company.

Effectively, he will be put back in the same position as the rest of us who have shown patience while Richard grows the resource and increases shareholder value.

Hope this answers your concerns.

See you at $20.00 with Richard at the helm!

crazydik

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crazydik
City
Toronto
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09/04/2007
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Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
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