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Fwr was bought for a buck.......and Not thought it was worth at least twice or triple that amount. I guess a one to one exchange now is not so laughable. Man this whole area is going to be stolen from us for pennies. I bet if Cliffs wanted this they could get it for 1.40- 1.75 which for me is half my break even. I keep saying that money lives on the other side of fear.......but after three years I am really frustrated that we will not see the true value for our holdings. I guess kudos to Cliffs because their timing is unbelievable.....much to our chagrin.
When will we ever get it to go our way.......frustrating to say the least!
Wow, this stock continues to amaze with this latest news release. I have now sold at .97 and am moving on. If you have any spare cash and are looking for something new and exciting you may want to look at SIO on the TSX. They are developing the newest 3D tech for the future of television. Has gone from .20 to over 4.00 in one year. All the best, and Fwr is still going to go higher so when and if you decide to exit, look around, there are some other great stories like FWR happening.
Today will be uneventful as Cliff's scare tactic has failed. If NOT's share price hovers today around 2.40ish-2.60ish. What does NOT do now? Defend the accusations line by line or start firing off news releases without even acknowledging Cliff's comments. Whatever the outcome of this play, it has surely got to go down in Canadian history as one of the stangest, nasty, interesting, finger pointing, exciting and hopefully rewarding plays ever.
The tone of Mac 's voice when asked simple questions about Noront is obvious that he has disdain for Wes. They really need to sit down, get it out in the open, make amends with compromise on both sides and develop this world class deposit in the hands of two hard working and driven individuals. Deep down you actually share the same goal. Keep the dream alive and keep it Canadian.