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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Message: possibilties

possibilties

posted on Oct 31, 2009 09:41AM

I have yet to see this scenario. If noront does acquire fwr, approximate dilution would be over 20% . An entity could feasably pick up a large controlling position for under $2 a share. I wonder what the price per share would be to accumulate this position on the open market. Please correct me if the math is fuzzy.

ps. why has this board become so corrupted? Can anything be more terrifying to a BOD than retail banding together and actually having a say or influencing a vote . Wish I could be more cryptic Joe.

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