In my opinion, since this is not a formal bid, Wyloo is putting out teasers to see what kind of reaction they would get from Government, First Nations and other competitors. Politicians do this all the time.
This is very smart on their part as it's a win-win for them. Bring a ton of attention to the Ring, figure out who is serious and see if you have any oposition. At the same time, it increases the share price, in which case, if there are other buyers, they have in essence created a much higher price for their investment.
I have been invested in Noront since 2007 and looking at adding a trading position, as I can see the stock going on a run just on the anticipation of more news.
There is no way that this company gets sold to Wyloo for a fraction of what it is worth (Multi Billions), now that all the hard work has been completed.
Our time has come to be rewarded.
TooHotToHandle