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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Stand still provision?

Noront Resources

over 13 years ago

What of it IF Cliffs places an offer before us say by end of May? Boasteel is going to sit back and watch?

Our BofD won't say a thing to Boasteel?

I say the provision goes out the window, BofD say help out, and the chinese would have to make a decision whether to protect their interest or just cash in.

I do not think that they bought in just to watch. They would make a counter offer and all hell would break loose. With our land hold, aquiring us would make the aquirer the true king of the hill. That aquirer will not be a nobody but someone with power along the line of Boasteel or greater. In makes no difference whether it is Cliffs, Boasteel or some other.

p.s. Vale, Xstrata, where are you?