Agoracom: Small Cap Investment - Noront Resources

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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My guess

paliman

Aug 23, 2017 12:15PM

Re: My guess

MarlboroDog

Aug 23, 2017 12:28PM

Been There

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Re: My guess

in response to

Re: My guess

MarlboroDog

posted on Aug 23, 2017 01:08PM

"If they [RCF] receive quarterly share interest at the end of September and again at the end of December, that puts them dangerously close to 20%.

If they ever exceed 20%, they must legally launch a take-over bid,..."

From a foggy memory. There was a vote a long long time ago when NOT negotiated the loan with RCF where the NOT shareholders voted to waive this requirement for RCF because executing the loan would have triggered the 20% requirement.

I'm sure someone can dig up the actual wording of the resolution.

... Been There

6 Recommendations

Re: My guess

Fossil

Aug 23, 2017 01:31PM

Re: My guess

hoov

Aug 23, 2017 02:13PM

Re: My guess

hoov

Aug 23, 2017 02:26PM