From your own statement below!!!

My view here is obviously not made with any access to the actual legal material "filed", however it is based on a few previous "decisions' by the OSC...while the Quebec Com. may be independent, it usually conforms with the other national Sec. Commissions...

A few cases I read at the OSC indicate that Cease Orders on shareholders rights plan is not that common...The regulators are indeed concerned more with the shareholders, and the % of shareholders approval, as opposed to If the Shareholders rights plan was somehow forced thru, for whatever reason, as opposed to the vast majority of shareholders approval....

I believe in our case, there was overwhelming shareholders approval for a shareholders rights plan...wether it was slightly amended prior to filing with Sedar, doesn't seem to be a determinative factor...as long as the "plan" was reasonable and shareholders vote was overwhelming , that is a HUGE hurdle to jump over.... But...Courts are "blinders" focused on each case, at the time of the hearing, but tend to generally "apply" the general National consensus, especially when it comes to shareholders rights...

That*S the problem JD' Wether it was slightly amended prior to filing with Sedar**.

I think it could be the determinative factor:: Thanks for bringing that out***

OS :: Maybe you should be putting your thoughts & Words on the FWR Board!! You Say!!!( Talking about Aurelian team).

Although the success of the current Noront bid is very unlikely at this point given the FWR BOD's recommendations to shareholders to "reject" - a full understanding is of paramount importance to current FWR shareholders of the "character(s)" and past business practices of the potentially "new" BOD and associates of FWR interests.

Now, just as with you I am very interested, and trying to prepare for the Outcome.

Given that the NOT BoD HAS made this Offer, after laying so much Ground Work well in advance, as it is now so obvious to see, what will be the aftermath, Succeed or NOT.

Is it clear what their Maximum Desired Outcome (actually what their minimum desired outcome was calculated to be) was Calculated to be, or were/are they merely laying more Ground Work should their Maximum Desired Outcome (you can also read that to be 'their minimum real desired initial outcome', if you like) fall Far Shorter than they have Calculated?

Thus, if Falling Far Shorter than Calculated, what may they Then Do? Read hereas: Get the SHR Plan struck Down but only get a small number of Shares Tendered.

If Failing Totally, what will they do? Read here as: Have to Walk Away.

Given the HARD TALK in the NR's on their Offer and Attempts to Sway, by hook and/or rook, WILL NOT just Walk Away if Failing to have the SHR Plan Struck Down? Read hereas: come back with some More Legal Wrangling or just a new Attempt.

With any New Attempt, what can/will they do to Improve their Position?

Old Joe

Time will tell, but what the He!!

Quess we NOT need be concerned? Do Not Like concerned - try INTERESTED!