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.)

over 15 years ago

in response to hoov's message

Hoov has, I believe, hit upon what may be the quickest legal vehicle to counter the tyrants currently acting as our BOD - the petition process! If we could find one shareholder that owns 5% of the shares who is dissatisfied with the BOD, and have members of this board explain how things could be better, and assure them that through this board and our personal connections, we could get the majority of retail shareholders to vote their way - then that 5% shareholder might be motivated to file the necessary legal petition forcing a vote for a new slate of directors.

As a side note, we should ask the "petitioning 5% shareholder" to include in the petition a request for a vote to reinstate Agoracom as the primary public relations arm of the company.