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.)
a fish story
almost 15 years ago
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Re: a fish story
almost 15 years ago
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Re: a fish story
almost 15 years ago
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Re: a fish story
almost 15 years ago
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Re: a fish story
almost 15 years ago
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in response to retiredrookie's message

The bid for FWR is based on NOT share price period. The current price of $0.3975 is only based on the closing price of NOT. Anyone here believe NOT alone is undervalued at $1.59?? The price of acquisition will rise with NOT's price. We are basically saying that FWR is worth/contributing 1/4 of NOT's contribution. When you look at land position, cash, proven deposit, I believe this is a good offer!

Glorieux

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glorieux
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Noront Resources
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NOT
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