Hi Noronties
Here we have a Press Release with fine assay results... and once again we go down in stock price!
Let's recall that Wes has stated that all shareholders would receive news at the same time, thus preventing a possible runup prior to news and sell off on news, from some who might have known in advance. We should expect that this policy be strictly enforced.
I thought I would post an email I wrote to NOT's Investor Relations yesterday because I was concerned about this. I will let you know if I hear anything from them.
Jacki
Hi Amanda
Thank you for this PR. It's impressive ,and I hope that FWR shareholders will seriously consider it. Consolidation in the ROF is inevitable, and I believe shareholders of both NOT and FWR will benefit far more if there is a merger of these two great companies.
I'm curious. Could you comment on why NOT shareholders did not receive this PR directly from the company until, as I note from your email...NOON today?!
How is it that NOT's offer to FWR, and PR were announced in an article in today's National Post at 5:29 this morning?!!
I realize that offices don't open at that hour, but why wouldn't this important Press Released be emailed to shareholders immediately upon the opening of NOT's offices? Surely before the market opening...
Am I missing something?
Thanks.
Jacki
P.S. I hope to catch the interview with Wes on BNN this afternoon.