10% buyout

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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essandjay

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10% buyout

posted on May 15, 2008 05:02AM

We all know that cash is not a problem with Noront. We also know that there is "lots of blue sky" (according to RN et al, and they know a heck of a lot more than all of us collectively). So my question for the stratagists out there is: what would be the benefit to NOT (and subsequently to we shareholders) to sell off up to 10 per cent of the company at this time?

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