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: Tender or no?

Tender or no?

posted on Nov 04, 2009 08:22PM

I live in the States, and I own shares of Norant as well as Freewest. I also own three other players in the ROF. I think consolidation is inevitable, but I'm undecided whether to tender my FWR shares to Norant's offer. I am leaning towards not tendering, but I do not know how my untendered shares will be treated if Norant is successful. I assume that if Norant is successful that my shares will automatically taken over by Norant, but I don't understand the how that works. Any discussion will be appreciated....

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