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 retiredrookie's message

Firstly, I think the mistake in our news release allowed someone to take a run a knocking down our share price. The revision was minor and the decrease is a gross over-reaction.

Furthermore, say Noront does have a backer that wants to pick up 9.99% of Noront now. Wouldn't they want to get it at the cheapest price possible? Say they buy in at around $3.25 a share, wouldn't we feel a lot warmer inside with that offer if our share closed that day at 2.10 rather than 2.60+?

Just a thought..