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: Why no offers at this sp level?

Noront Resources

almost 14 years ago

in response to crazytrade's message

"Going in with 10% would be futile and bring notice to anyone else to make a bid." True, but as you say they reach a deal, and too often I've seen an offerer revealing having 19 or even 29% ownership at the time of the offer being announced but not having revealed that they even had 10% of outstanding shares before. In such cases two or three entities sold to them just prior to the offer. Many devious things happen under the sun when there is money involved.