Agoracom: Small Cap Investment - Noront Resources - Re: Someone is cooking and I like the smell

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

MISFIT1

Rank: President [?]

Points: 7122 [?]

Votes: 311 Score: 4.1 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Someone is cooking and I like the smell - MichaelR

in response to

Re: Someone is cooking and I like the smell

MichaelEr

posted on Oct 02, 2008 10:12AM

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.