Many of us still hold both FWR and Noront shares. So pass this to WES and JJ
FROM FREEWEST FORUM.
Is it legal for large FWR stock to collaborate? This is a chance to make real money. If Freewest Fair Offer Movement, Noront & Affilates, and large shareholders collaborated, talked to each other, they could dictate a buyout settlement with Cliffs.
Imagine the dialogue:
"We represent 40% of Freewest Shares. We would like $8.00 per share." Cliffs could respond, with "Not going to happen, $2.00 per share." And they can negotiate to somewhere in the middle.
But then, I'm not sure how large shareholders function. Why wouldn't they communicate with each other? We are offering a Freewest Fair Offer Movement as a platform to communicate. Many have not communicated to Johndefur, but still intend to vote "against".
Why not unite instead of making profit alone:
On behalf of the Freewest Fair Offer Movement contact us at
http://freewestresources.blogspot.com ....... johnduff13@hotmail.com
Here's an example of the disconnect of large shareholders. Noront owns 11 mil share. Has Wes contacted FFOM to add their shares "against"? No. Cliffs is hoping the disconnected nature of taking profits keeps Noront isolated and glad to get a .30 increase in an offer. But should large shareholder unite and negotiate for $5 per share, they could get 55mil worth of Cliffs. Sell that and that's say 366 deep 1000+ hole drills to prove up E-nest instead of say 73 holes (150 thou/deep hole). And get Noront back to above $4.
Mac had the responsibility of the chief executive officer to align the company with his strategic vision which he mentioned was $2.00 minimum. But he is no longer our CEO as he is no longer able to enforce this vision. In his absence, Freewest Fair Offer Movement has become the new CEO. We are the Friedland of Freewest.
Johndefur or a large shareholder could establish a meeting with Cliffs. This could happen this week, if the large shareholders could unite and communicate. Please e-mail this idea to all large shareholders. If this is impossible, please forgive my ignorance and explain why its impossible.
-sg