Agoracom: Small Cap Investment - Noront Resources - Re: $325 million takeover of Noront falls short of the $1 billion Reviewable Threshold

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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$325 million takeover of Noront falls short of the $1 billion Reviewable Threshold

yesont

Jul 27, 2021 02:23PM

Stung

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Re: $325 million takeover of Noront falls short of the $1 billion Reviewable Threshold

in response to

$325 million takeover of Noront falls short of the $1 billion Reviewable Threshold

yesont

posted on Jul 27, 2021 03:01PM

Yes it does fall short in terms of value of deal if approved. However, even so, we may see a bigger offer yet. We are looking for dollars not pennies. The Fed may have a look even under 1 billion if it may be of National Security. Canada may need Noront's minerals in a big way very soon. Step up Franco Nevada!

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