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.)

almost 15 years ago

in response to colombo10's message

Yes, NOT sent out an offer on Monday. My understanding is that at that point the insiders of both NOT and FWR knew there was an offer; so NOT had no choice except to proceed.

Regarding FWR being in play, I note that share price of FWR is none too strong despite the posibility of an offer by a third party. I can only assume that the offer by a third party has little or no credibility.