Re: whether we like it or NOT

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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Babjak1

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Re: whether we like it or NOT

in response to

Whetter we like it or NOT

Fossil

posted on Aug 15, 2019 02:57PM

Fossil, RCF ended up taking First Bauxite private...

When they first issued the loan, an RCF person was appointed to the board...same as for Noront.

That person from RCF came on board in 2013, stayed & is still there... Mr. Mason Hills , RCF.

http://www.firstbauxite.com/corporate/directors/

What is interesting in the case of Noront, is the departure of Dave Thomas, RCF in June 2018..

Even Baosteel with their MUCH diluted position still maintains a person on the board of Noront...but,..RCF who has over 20% has no representation on the Noront board???

And Dave Thomas went from RCF(management) to RCF (committee member)..so...it's been over 1 year and no replacement for Dave?? ask yourself why?

whoever is hiding using the RCF vehicle to stay anonymous is the BOSS pulling all the strings.

We will soon find out who that is...and they will take a place on the board of Noront, at a time convenient to themselves.