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)

Free
Message: DILEMMA

Hypothetical question for Noront shareholders at large:

Assuming that Bridge Loan was not paid off( I wish it was) prior to rolling into convertible

loan at 8% annual interest, my question is would you, if you were RCF, let it run?

You can at your sole discretion demand full payment in Noront shares at the set

price of $.45 for some two years.

Second question is, does it make any difference to us, Noront shareholders?

GLTA,

Fossil

Share
New Message
Please login to post a reply