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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Cliffs sweetens offer

Noront Resources

almost 15 years ago

to $1.00. And here I thought they said their last offer was better than NOT's! Anyway, apparently, they only have a bit over 10% of the FWR shares agreeing to side with them so far, so a little more persuasion was seen as necessary!

This NOT is really a thorn in Cliffs and the FWR Board's paw! At least NOT can get a little more money for the shares tendered to it so far, assuming Cliffs is the ultimate winner. My wild guess is NOT may have 15%-20% tendered to it so far.