Re: We need a new CEO...
in response to
by
posted on
Jun 13, 2008 03:00AM
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)
Some things have changed since last year....first I'd like to point out a couple things..
First we have this...
TORONTO, ONTARIO, September 4, 2007 -- Noront Resources Ltd. ("Noront") (TSX VENTURE: NOT) is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM")
Then this....
TORONTO, ONTARIO--(Marketwire - Sept. 20, 2007) - Noront Resources Ltd. "Noront")(TSX VENTURE:NOT) has retained IBK Capital Corp., of Toronto, to evaluate strategic alternatives to maximize shareholder value
And don't forget this....
TORONTO, ONTARIO - (Nov. 27, 2007) - Noront Resources Ltd. ("Noront") (TSX VENTURE: NOT) is pleased to announce that it has entered into an agreement with J.P. Morgan Securities Inc., to assist the company in evaluating strategic alternatives to maximize shareholder value.
Now....that being said, there is more going on here than meets the eye....I'm sure of it....some sort of negociations going on behind the scenes or something....it's not that the promotion maching isn't working, it's that it has been turned off for now....likely for some strategic reasons
In the meantime....share prices are being depressed....and make no mistake about it, there's more at stake here than just NOT
My opinion is that there is some deliberate attempt to accumulate and/or consolidate...perhaps each company with results in hand on survey results looking to control various areas....perhaps looking to take each other out.....nobody willing come out with positive news as to make that effort more expensive....everyone trying to make a case that it is they who sit over the mother load
Much does not make sense here with respect to timing....sure, enough time has elapsed that there be some news of drill results....and the video thing....and delays for drilling...and so on
So......we wait until this process is complete....maybe then the promotion machine gets turned back on and we get to see our $10