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.)
in response to IAMSUDBURY's message

"Also the fact that the SP didn't take off in anticipation of a buyout with 25 minutes left in trading, says lots too."

Yes, I believe it says they were putting the boots to this stock right to days end and the significance of the SRP would not be immediately apparent like 160m of 5%.

And now for complete speculation, wouldn't it be interesting to see the affect of a halt from a company that is known to have sworn them off. I don't believe that NOT does things to be timed with resource shows, however, combined with the clear and present danger of a takeover, if there was a time for needed theatrics, a Monday morning halt would do it. Posters tend to be on one side or another of NOT having news or a takeover in the works. Timing indicates it could well be both.

Please login to post a reply
Sum4All
City
Rank
Vice President
Activity Points
35922
Rating
Your Rating
Date Joined
09/04/2007
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post