Re: Noront Resources formally commences bid for Freewest Resources-Sum4All/Ge...

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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Sum4All

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Re: Noront Resources formally commences bid for Freewest Resources-Sum4All/Ge...

in response to

Re: Noront Resources formally commences bid for Freewest Resources-Sum4All

geoprof

posted on Oct 13, 2009 06:45PM

"With all due respect, I am a little confused with your post. You appear to indicate that NOT's offer was too high." The opposite was the intent.

"The future of CS seems to be of concern to you. If NOT is successful, they may easily spin the property off to another for immediate, or future gains." Given their dealings with WL, regardless of whether it was a good move or not, I'm not sure that any spinoffs would turn into appropriate gains for the shareholders as much as for the group that receives the spins..... while we might get another kind of spin.

I agree that NOT's target is the properties of FWR in the ROF.

"I perceive a conflict of intersest on your part. Perhaps you should have posted this on the FWR forum?" I think you are correct, this should have been posted on the FWR site, so I moved it there. Unfortunately it will take powers greater than mine to remove it from this site.