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.)
9
in response to Edgy's message

I agree that buyout rumors are such a waste of time, especially at this point in time. We have an improving market, reports of super hits with the drill bit, improving share price. Why would we be hoping for someone to come along and take it away from us?

With the above having been said, I did a bit of diligence a while back regarding buyouts, and came up with the speculative price of 135% over recent SP for a buyout figure. If my due diligence turns into fact, it means that present buyout figure would be $4.75 and rising.

Regards

K

Please login to post a reply
khareema
City
Chase B.C.
Rank
President
Activity Points
21476
Rating
Your Rating
Date Joined
10/24/2006
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post