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 obg's message

The issue seems to be that that the FWR shareholders who tender will get to vote - even though at the time of the FWR meeting NOT will own the shares. Let's say this remains unchallenged, isn't it basically unjust and therefore should be challenged in court, or by an injunction? (Tell me if my assumption is wrong - I'm ready to stand corrected!).

To predict the effect on NOT's selling price is a mug's game.

Are you saying that NOT should do nothing?

Actually, as things stand the FWR shareholders who tender would all vote against the merger with CLF - but might have to be contacted for their proxies if this is practical, or allowed