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.)
Rosedale???
almost 16 years ago
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in response to glorieux's message

Glorieux - I clicked on your post, in agreement of banding together to accomplish whatever we can do. However, in terms of thwarting a future Private Placement, I don't know how much we can do in that regard. I believe it is within the discretion of the Board of Directors (without having to put it to a vote of the shareholders) to do a Private Placement. I know that we could communicate our desires not to do such a Private Placement to the 3 Directors that RN chose, in hopes that they would vote against such a Private Placement. But I do not know of much else we could do. Do you have any other ideas?

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rodg45
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