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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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Message: Re: My biggest fear!
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Apr 26, 2018 07:30PM
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Apr 27, 2018 09:18AM
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Apr 27, 2018 09:26AM
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Apr 27, 2018 03:41PM

Thanks for your comments Jean.  I would be very pleased if you are right.

Any potential acquirer of Noront will not pay $7 for what is now a .36 penny stock ! So how do theyget Not on the cheap. Well, they look at the big shareholders like RCF and make them partners in a larger company with deep pockets and give them a board seat. They then look at management and treat them " very well " on a takeout and maybe offer management positions in the new company.

You also have to look at the timelines for mines to be built ( if ever) and ask if all involved really are willing to wait that long for a big payout.

Do you think Alan and the boys would like to be senior managers of Glencore or BHP or Rio Tinto ??

I think that big shareholders and management would jump at the above senario rather than take a chance on a less attractive bid.

Please don't view my comments as bashing. I have owned Noront shares for a very long time and add to my positions regularily and have never sold any shares.I just want to keep my eyes and mind wide open and think realistically.

JMHO

Rico

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Apr 28, 2018 11:29AM
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Apr 28, 2018 12:56PM
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Apr 28, 2018 06:05PM
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Apr 29, 2018 05:02PM
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Apr 30, 2018 08:22AM
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