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: Re: TAKE OVER - Spekulations
11
Aug 15, 2009 06:03AM
5
Aug 15, 2009 06:47AM
The Market-Cap is current 24,3 Mio CAD (FNC), 12,6 Mio CAD (SPQ), 16,9 Mio CAD (KWG) and 52 Mio CAD (FWR). So by the current prices the whole companies together have a Market Cap of nearly 100 Mio CAD. So Noront could get the whole top-area-plays with approximately 100 Mio CAD (without the Cliff-portion.
This needs some explaning, on one hand you hope for at least $20 for NOT in a take-over case and then you don't even question if shareholders of FWR, FNC, KWG and SPQ would accept an offer for a take-over at TODAY'S price, where is the logic??
Maybe a fwr shareholder is also dreaming about $5
19
Aug 15, 2009 08:08AM
5
Aug 15, 2009 08:59AM
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