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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Message: Match Making

Match Making

posted on Feb 27, 2009 07:37AM

While it's just dreaming at the moment I can't help but consider what a great match could be made between FWR and NOT in the ROF. No question but Noront would have to be the suitor in any deal and would have to be extremely generous to convince Mac and FWR shareholders that it's a deal made in Heaven.

But look at what would result from Noront being able to combine FWR's rich Chromite zones with their own! Proving up by way of a 43-101 of an economic Chromite deposit would just be a matter of expending funds on drilling because enough is already known to make this readily accomplished.

I can't image such a 'deal' not immediately doubling or tripling the share price of both companies and making an eventual sale to a major very easy at TOP dollar. Heck Noront could even sign over Windfall to FWR to sweeten any deal.

The rewards to Noront and FWR should be good enough to overcome 'egos' involved.

Alas such co-operation is just to sensible for it to be likely.

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