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Re: Finally ! The ROF Golf Classic - Final details ! CO-INCIDENCE?????

Thought i'd catch you while I can. Count me in for the tourney. I haven't swung a club yet this year so my golfer status has not improved. Certainly the mood looks promising for this years event.

Greg

about 15 years ago
Trips take on the AGM

Highlight of the AGM were Richards comments and the presentation By Prof Mungall.


Pleading the fifth all through the questions leads me to suppose the following.


A deal for Windfall is probably already done conditonal upon completion of the ramp with assay results factored into final pricing. I don't think we will ever see assays but have to rely on management to make the best deal possible. Let's face it, McFaulds is eating up a lot of energy.


With regards to the compromise, I suspect that there were demands made that are detrimental to the Agoracom/Noront relationship.(I hope that's NOT the case). Secondly we can be assured that reimbursement for expenses related to the dissident Proxy //vote is a done deal.


That's business.





Greg
















almost 16 years ago
Trips' Take

First: I had a chance to meet and hear Richard speak (in person) for the first time at the AGM. I now understand how so many long time supporters have fallen in love with him and the stock. His candor and passion are both things I sincerely appreciate.

Secondly: His decision to proceed with the PP earlier this year was probably influenced by doom and gloom forecasts by JPM at the time and the urgency to prove up as much in as short a time as possible. Thus balancing making a deal with the devil (hedge funds) knowing the potential risks associated with this, but knowing full well how much we need cash to prove up resources. Perhaps being overly (hopeful) optimistic about drilling results as protection.

Third: Following the PP a blip of support in stock price to initiate the exercise of warrants attached with the PP. I suspect this was the doing of Genuity in isolation. The lack of appreciation by management of this somehow led to a falling out with Genuity. Subsequently the shit hit the fan as per JPM forecast. Share price dropped and set the stage for a new plan of attack by those involved in the PP. Read into it let's hammer the share price and flex our muscles when opportunity presents itself. That's just business!

This was followed by the untimely delay in highly anticipated drilling results followed up by mediocre nickel assays and a lot of confusion regarding chrome.

So now we have Genuity peed and PP participants peed and the financial markets debacle running rampant. Where are we sub $1.00 share price. All that being said, we ended up with what I consider the best possible outcome of the takeover attempt.

We now need to focus all of our energies on drilling.

To quote Griz "Drill it and they will come"

PS Griz I hope they're coming after your diamonds!

Greg

almost 16 years ago
How do we keep our voice united

Was our Proxy campaign worthwhile? Yes! IMO. The odds were not very favourable going into this vote but our tally gave us choice of 1 and say in another 2 board positions. With 4-6 thousand shareholders involved, it's a little overwhelmng to consider plausible options for keeping this front united and actually being able to impact BOD decisions(before they happen) in the future. I've toyed with ideas that range from creating our own fund (logistically close to impossible) to militant vocals with threats of lawsuits constantly being a detractor for management. Neither of these extremist actions accomplish the positive result one would hope for. Plus there is probably only a short window(before further dillution) when either would be effective. Now is the time, while we as retail shareholders hold close to 50% is the time to have our next step in place. I would hazard a guess that that percentage has increased since Sept 22. So what do we do?


What if we were to approach Richard,( since he has been our rallying point and should not be a conflict of interest) and ask him to be proxy designate for us the retail shareholder. I could go on with this but let's just leave that idea open to air a little bit.


One voice for the masses hold advantages on a proactive rather than reactive basis. Imagine what the possibilities are if one or two of the hedgies have a falling out




Just trying to be positive with realistic options



almost 16 years ago
Phone Call! Got One

There really is a phone campaign.


I,ve been sitting on the sidelines for some time. But NOT anymore.


The thought of a Rousseau Golf Tourney Is NOT on the agenda.


I see the rest of my foursome has already tallied in (Bill, Mustangman, Angela) so count me in as well.


My investment in Noront has transcended pure monetary value and got a whole lot personal.





Trips

almost 16 years ago
Trips
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