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.)

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Problem with an all share deal.

Noront Resources

almost 15 years ago

The offer is 1:4, and values FWR at 1/4 NOt's sp, which its at now. Why shouldn't I take my money out of NOT and put it into FWR? If the deal goes through, I don't lose any money, or even get less shares. If the deal doesn't go through, it'll probably be because someone else comes in to raise the stakes and I make more that 1:4. Am I missing something?