Low stock price NOT only to tie down FWR

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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Gerwin

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Low stock price NOT only to tie down FWR

posted on Oct 27, 2009 10:24AM

My feeling is that the current price of NOT is kept low to tie down FWR.

Lets say NOT was trading at 3.00. That whould mean that FWR is trading at arround 0.70 to 0.90 based on the current ratio.

If "they" still need extra FWR shares to close the deal so to speak i think it is logical they want to buy them at 0.48 / 0.53 rather than the before mentioned figure.

So for the next 2,5 week i will have to try even harder not to look at the day to day price swings (and with me probably many others)

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