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: Speculation

Noront Resources

about 14 years ago

in response to Edgy's message

Your comments are well thought out and make a lot of sense if all aspects to any possible offer are rationale and objective,without the element of greed. It is therefore incumbant,IMO,that Wes and the BOD remain strong and do not cave in to inside pressures (possible sweetheart deals,golden handshakes,future considerations in the offeror's operations,etc.,etc.) and do not recommend acceptance of what we retail feel could be too low of an offer. As we all know ,in any negotiations,there are 2 sides and the bargaining power is seldom equal . Very often (as in FWR and SPQ),the offeror has the stronger hand and ultimately wins. This is reality and one can name more deals that end up favoring the offeror then the offeree . There are some exceptions and lets hope that our mgt. team remains strong and determined throughtout such negoitations,keeping in mind their fudiciary responsibility to all shareholders. IMO,this has not been the case in the recent past in the ROF.