Re: Takeover Rumour?? - Edgy...
in response to
by
posted on
Aug 21, 2010 02:05PM
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)
I agree with your statement and I would want to make a little comment regarding it, if I may... Your statement,
"However with the recent visit of the Chinese, I suspect more them than anyone else. But do not expect a good offer at the start from them. Thay have a reputation for shrewed offers and will go elsewhere."
I say let them all make their offers and let them ALL fall by the wayside... Why should we entertain ANY offers at this time? Why sell now? There is absolutely NO GOOD REASON to sell now. Just follow me on this. Richard Nemis made a pre-feasibility study on bringing out the very high grade ore over winter roads several years back. After that, Wes came along and said that you can't start mining this until you knew what you had. Why? Why not use Richard's template from that news release and get your permits in place and start blasting that ore out of the ground and shipping it to be smelted in Sudbury? Who is stopping Noront from doing this? Start now and worry about share prices later. If you start mining the Nickel et al now, the rest will fall into place. THEN we will get a share price worth talking about.
Selling now, after obvious manipulation to keep the share price down (yeah, that one is for you, OSC) is nothing short of theft, and those who would do that should be thrown in jail, in my opinion. DO NOT SELL NOW, NO MATTER WHAT THOSE BIG SHOT COMPANIES TELL YOU! Let them tell you that there will never be another offer, and then say, "thanks for that, it's about time you minded your OWN business and quit trying to steal ours!" Who cares if they NEVER make another offer. We have $8 billion dollars worth of ore in the ground. It WILL grow bigger, how much remains to be seen. Governments are responsible for infrastructure on Crown land! Buyers, get lost. You can send the army for my shares, that is the only way you will get them. This company should NOT be for sale now, unless you are willing to pay a fair price for it! Anything less than the 3 year high of the share price is NOT ACCEPTABLE. So, let's get back to thinking about permitting this thing NOW, Wes, so we can move forward and get some FAIR VALUE for our shares. I have held on to my shares for too long to have them taken away by some opportunistic company who I would bet my shares that they are in some way responsible for keeping the share price where it is at.
This is my opinion, and it is NOT HUMBLE. Buyers, go away!
Dreamin'