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: Someone is cooking and I like the smell - MichaelR

For heavens sake do not sell before a split up.

Those with experience (BerhardHo?) can comment on how this exactly works, but to simplify you would receive a share in each company for your share in Noront. They would likely be valued at half of the share price on record for the transaction date (say, .65 cents given today's price) and each stock would then rise and fall based on the assets each holds.

Thoughts everyone?

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Oct 02, 2008 11:02AM
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