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.)
in response to Forestmusic1's message

Given that you would lose the blue sky of FWR's chrome (as you put it) if FWR were taken over by a third entity, I would think the NOT offer would be better.

This may not be true if the offer from the third party was a great deal higher than the present threshold price offered by NOT. However, the offer from the third party would have to be substantially higher and I just don't see any reflection of that in FWR's present share price.

In my humble opinion the insiders generally know in which way the wind is blowing.

So, based on what we know right now you would be better to tender ot NOT.

Stay tuned.

Do your own DD.

Please login to post a reply
Zooloo
City
Rank
President
Activity Points
3196
Rating
Your Rating
Date Joined
11/30/2007
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