These has been some posts worrying about a low ball offer for Noront.

My opinion is.....no way.

The time for that type of thing...expired a LONG time ago.

Back in 2010 you had some hints. They were given to you in the Noront Corporate presentations found on the website back in 2010. There are still some of the presentations on the website. If you click on the April 2010 and May 10 2010 presentations ,,,you will see an institutional ownership of 59%.

The prior corporate presentations are no longer on the website. If they were still there you would see older presentations showing you 55% institutional ownership.

55% went to 59% and at the SAME time the price was trending down. Retail was shrinking and Institutional ownership was growing.

Well it worked didn't it?? Push the price down and increase ownership. So, if the institutional owners want more shares...why not do more of the same. Keep pushing the price down. Worked in 2010 didn't it? If the price was moving in a rational manner would you be selling to them??

Many have complained about lack of info and the feeling that management doesn't keep you in the loop. Your complaints are valid. Don't you come to this site to keep updated on Noront. To find bits and pieces of news that is not handed to you on a plate on a frequent basis by Noront. How many have complained that they(Noront) should be doing this?

But, why would they? If you were kept in the loop ...you'd have more confidence of your investment...and would have a bigger probability of Not hitting the sell button when the price was trending lower.

Why is institutional ownership better than retail for this little junior? It's for the reason of prevention of crappy lowball offer. Look at the crash of 2008. look at some of the ridiculous share prices of the large majors. Did you see the price of Teck Resources? Did you see what price level it fell to...like many others? How about Ivanhoe Mines? So many examples. Surely, these prices should have brought a feeding frenzy in buy outs.

Teck resources for under $5.00 per share??Wow. Someone should have offered $10.00? Nobody would bother because the "type"of share ownership would prevent this ridiculousness. The accountants, lawyers, analysts would say NO WAY. Retail might go for it or not even bother to vote should a hostile bid come in.

Look at Sask's Potash...the gov't overturned the lowball bid.

Now look at Noront. The time for a cheap grab was BEFORE the institutional ownership ballooned to a high level.

The time for a cheap grab was BEFORE the gov't's became aware of a project that they call "once in a century." Do you really think with the millions of dollars the gov't's are going to spend in ROF infrastructure and training of the First Nations that they would simply turn their back to a lowball thieving offer?? Didn't happen with Potash..did it?.

The ROF is a national treasure..like Potash to this country.

It's way too late for low ball. Way too late. Too many strong hands in the know and the gov't's involvement has made this too public a project.

I still remember the early posters on the Agora Noront board telling of the gut wrentching price moves of Voisey's Diamond Fields. ..Price dips were horrifying. You had to have the gut of a raccoon. I remember one poster mentioning this share price loss and then selling when the price was slightly above break even..if only I could have know