Re: Is it happening to anyone else?-Gleegee,

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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JDR

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Re: Is it happening to anyone else?-Gleegee,

in response to

Re: Is it happening to anyone else?-Gleegee,

Babjak1

posted on Aug 16, 2012 05:54PM

I don't think that the Government of Ontario would step in prevent a takeout of Noront.

Once agreements or done between the Government and the private companies, if they get taken over, then these agreements are still binding. When shares are bought, contract must still be honoured.