i agree with you. if the double eagle and or windfall project heads to a real mine, the shareholders may be best served with a spinoff.
as shareholders we would not like to see the company bought out for ONLY one project when several others seem to have, as yet, unrealized potential.
i think management if confronted with an offer down the road would be able to see this and act accordingly. no sense selling a group of projects for the value of ONLY the current headliner.
the outside offer is possible if they keep hitting major intercepts at either double eagle or windfall later on. expecially with the volume we have seen in this stock over the last 30 days. many of the noront shares could now be in the hands of a potential suiter, who knows for sure, only time will tell.
for the shareholders to realize optimum value, each project needs to be sold seperately. a buyer now could get a real bargain and hose us longer term focused shareholders if these mines eventually develop as we hope.
regards,
jeff