I don't think Rosseau's board of directors is going to be able to save Rosseau from the Noront roundtable. They are different entities and Noront cannot save Rosseau. Rosseau likewise cannot bankrupt Noront unless they find a way to spend frivolously, without being caught (and with all of our eyes peering at them from everywhere possibl) in such a way as to remove the financial base of Noront I can't see us being effected more than we are now without them at the helm. The market is massacring the small caps. The market is bludgeoning the large caps...I think you get my drift.

The only thing Rosseau appointed board can do is sell Noront and they need voter approval to gain a majority..... like that is going to happen right now.

Unfortunately the demise of large hedge funds does not bode well for anyone. We don't gain from it and the investors locked in with the hedge funds don't really know much of what is going on the majority of time. They're holding retirement fund money and trusts and other such things. The people crying the most when hedgies crumble are their investors....just like anyone else.

I...just wanted Rosseau to lose this battle because it was right to let the people who started this story do the job they love so much to do. That's it. The simple truth. Let Richard Nemis uncover his motherlode. Let him make us all well off. Let RN have the big hit before he likely leaves the mining scene to retire (and perhaps not). The man is a ball of energy who hasn't let anyone down. Things like this happen at times like this. We could have...should have...sold at 7.50 and waited for this day to buy in again. Some may have...are they not the smart ones...only when this happens. It could easily have gone the other way way back when (Feb 08). No one expected this. One thing for sure ... I do not ... nor have I ever had much in the way of respect for Rosseau or the large manipulative companies that seem to think retail investors are pawns on a chessboard while they are the Queens. We, Noront shareholders, are the Pawns that worked our way down the board and are preparing ourselves to be Queens on the chessboard. Our kingdom may not be worth as much but we'll hold it together and let it rebuild..because...it will.

Mustangman