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.)
Re: bnn-pinetree
almost 15 years ago
5
in response to sambone's message

"...what if NOT bought FWR shares before they made the 'offer'?"

Perhaps they did. FWR shares were in the 25 cent range well before the offer but shortly before, the price went to about 30. It could have been due to Noront buying or as previously suggested, that FWR insiders being cognisant of Noront overtures were accumulating due to expected sp appreciation.

Interestin question as to the cause of that FWR sp rise. I suspect both.

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Edgy
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southern Ontario (often in Europe)
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Noront Resources
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