Re: News...no counter offer coming

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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stormmin62

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Re: News...no counter offer coming

posted on Oct 30, 2009 10:26AM

IMHO the NOT sp is being held down and the FWR sp is being propped. Why? to make the FWR retail worry they will lose money on the 4-1 exchange so instead they sell the shares on the market and a NOT supported buyers scoop them up to tender. NOT seems pretty sure of themselves right now and there has to be a behind the scenes reason.

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