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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Message: Re: No news may be a good thing.....
23
Sep 13, 2008 04:41AM

Re: No news may be a good thing.....

posted on Sep 13, 2008 07:09AM

Just one thing you could add. A hostile takeover of Noront is extremely unlikely and this has been dealt with many many times on this forum.

#1 Shareholder rights package in place. Hey go to Noront's website and read it! This ups the cost for takeover so high and pays off existing shareholders so well that no major is likely to want to 'trigger' this.

#2 If one major makes a move on Noront you can expect another one or two to enter into the fray and jack up the return to you and me.

#3 As explained by Miskealp1 IT IS FAR TOO EARLY TO WORRY.

#4 If #3 is true then if someone wants to try when share price is $10+ then what a huge payoff to us all.

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