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: FWR counter offer
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FWR counter offer

posted on Oct 05, 2009 02:21PM

Noront said that it had approached Freewest's Watson with a friendly proposal on Friday, but that he refused to discuss the offer then or over the weekend.

After that, Noront sent a written confirmation of its offer to the Freewest board but, after receiving no response, decided to go directly to shareholders.

JMO,I don't think Mac will counter that offer.He more than likely realizes that there is such a disparity between his valuation of FWR and Wes's that there will never be a deal.

Kerry.

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Re: FWR counter offer
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lucky28
Oct 05, 2009 02:37PM
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