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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FWR counter offer

Noront Resources

almost 15 years ago

Noront said that it had approached Freewest's Watson with a friendly proposal on Friday, but that he refused to discuss the offer then or over the weekend.

After that, Noront sent a written confirmation of its offer to the Freewest board but, after receiving no response, decided to go directly to shareholders.

JMO,I don't think Mac will counter that offer.He more than likely realizes that there is such a disparity between his valuation of FWR and Wes's that there will never be a deal.

Kerry.