Agoracom: Small Cap Investment - Noront Resources - Re: buyout rumour at other site

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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sag4tag

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Re: buyout rumour at other site - not likely

in response to

buyout rumour at other site

bernardho

posted on Jan 24, 2008 11:12AM

Look NEMIS is not likely willing to entertain a buy out at this stage. Nemis and crew believe we have seen nothing yet as far as proving up what is in the area. At best King Richard could be entertaining a 10% buy-in by a major at a much higher stock price.