because it will most likely go over like a lead balloon, but...

I don't understand where the "blue sky" dreams are coming from in regards to the FWR stock price and this takeover/merger scenario.

Like Khareema has already said in so many words, every auction I've ever been to the bidding starts and then goes in small increments until it stalls out.

Noront has started the bidding at .40 (currently), even with this new third party suitor, why does anyone believe they are going to bid more than .42 or .45? Why on earth would this new suitor offer .50 or .80 like some seem to think they will? This third party has the responsibility to their shareholders to buy FWR as cheap as they can, no?

Even if they just want the chrome, what could they possibly offer without a defined technical report and justify it to their shareholders, .25 or .30?

Is it a possibility that this 3rd party suitor is pressuring NOT to not release drill results that would move the NOT price/offer? Is it possible that this third party is working together with NOT to get this accomplished? In sales, it's not unheard of to provide your customer a bid and then arrange two other "dummy" bids to make your bid seem attractive.

Personally, if it's the "blue sky" potential that I love about my FWR shares because of the chromium deposits, then wouldn't I be better off to tender my shares and hang on to that potential than sell out now to a 3rd party suitor?

We all believe that market conditions and world wide economic conditions have depressed the prices of all our mining shares, but I don't really care what "I think a companies share price should be," but I've learned that it's much more beneficial to understand why a share price is where it is at.

I think it's a fallacy of logic to conclude that FWR started to move from .30 towards .50 because it's a great company (which I think FWR is), but you have to conclude that it made that move because of the takeover attempt(s). The shareprice has stalled at current levels, and since the market makers obviously know more than me I'm willing to bet that FWR is at max value right now, which is why it makes sense for me to tender my shares if I want the blue sky or just sell for the small profit.

If some great deal turns up that makes me eat my words than I will be happy to do so because in being wrong I will have profited, but this is just my opinion and I believe NOT is doing the right thing here or in concert with the right thing and we should all benefit in the end.