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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A Gamble ?

Noront Resources

almost 15 years ago

If the fix is not in, and FWR declines, and there is no counter offer better, then NOT's share price will in my view drop when the bid is rejected. Now, the NOT advisers would know all this, so it seems highly unlikely they are taking a shot in the dark. Expect good things to happen.