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: Cliff buying FWR

Actually, the deal was 88M US but close enough. If they have 190M left over after this and you say this is enough, that leaves about $1 per share. I do not think they would spend all their money on something that will not see any revenues for at least 2 years and diluting themselves for this seems unlikely to me. So again, I cannot see them doing a cash deal to buy out FWR but I have a question for those against this merger:

If you prefer $1 cash from Cliff for each share of FWR instead of 1/4 share of Noront, click this post. Those who would prefer 1/4 share of NOT than $1 cash, click the next post. There is no way of knowing if those answering are being truthful but I am still curious how this survey would be answered.

G.

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