King of the Ring.
At the luncheon Wes publicly stated that Noront would be on the acquisition trail and we were the 'King of the Ring'. Then we had the Freewest deal, which the sunny side paints as having great exposure and flushing out a senior. The not so sunny side loses the FWR deal.
My question is - will Noront go back to the acquisition trail or once burned they are they scared of a match?
I've liquidated half of my Spider after the PP. It smelt like the FWR deal, with management loading up on emergency cash in the case that NOT comes a knockin so they can pay themselves out. But if NOT is looking to consolidate the ROF any further, are they even a target?
Any thoughts out there? Who, in your opinion would be NOT's next takeover target? Or, are they done with the MnA's for awhile and will concentrate on drilling their own claims?
Merry Christmas to all, may you get a lump of chromite in your stocking...
B