Agoracom: Small Cap Investment - Noront Resources

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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cappysmart

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Just supposing

posted on Dec 31, 2007 09:59AM

Let's say somewhere down the road that Richard has a package ready and he sells it to a mining company for,let's use a conservative figure of $25/share(use whatever figure you're dreaming of)He can turn over just the rights to McFaulds at that price and hang onto the other projects,correct?Then does NOT cut a cheque to every shareholder according to their individual holdings and adjust the NOT shareprice down to reflect the new value or does the market decide the new value?TIA

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