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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Re: Noront and EAG

Noront Resources

over 14 years ago

in response to Orange Flash's message

Interesting point of view/take on the current situation-----a buy out would be nice, if the price is right

I would have to hope for more than $3.50----if memory serves me there are PPs in the $5+ range & one of the latest was at $2.80 (I think the $2.80 was a good will jesture from the MMs who wanted NOT to make an offer on FWR). Ill assume the one's with the high PPs have 'averaged down' over the last little while, but they will still want a 5 to 10 bagger, so $3.50 would be too low for them.

Long & strong on NOT

Trace