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: Re: BAOSTEEL RESOURCES TO ACQUIRE 9.9% INTEREST IN NORONT
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BAOSTEEL RESOURCES TO ACQUIRE 9.9% INTEREST IN NORONT
14
Gerwin
May 02, 2011 07:06AM
Re: BAOSTEEL RESOURCES TO ACQUIRE 9.9% INTEREST IN NORONT
8
NevilleD
May 02, 2011 08:14AM
Re: BAOSTEEL RESOURCES TO ACQUIRE 9.9% INTEREST IN NORONT
5
NevilleD
May 02, 2011 08:24AM

Compared with freewest;

Freewest Resources Completes $5.16 Million Private Placement to Cliffs Natural Resources Inc.

by issuing 14,750,000 common shares to Cliffs at a price of $0.35 per share, for proceeds to Freewest of $5,162,500.

Marketwire - June 4, 2009


Freewest Completes $4.1 Million Private Placement to Cliffs Natural Resources Inc.

by issuing 6,908,440 common shares to a wholly-owned subsidiary of Cliffs at a price of $0.60 per share, for proceeds to Freewest of $4,145,064.

Marketwire - Dec. 1, 2009



Freewest Announces Increase in Purchase Price to C$1.00 Per Share for Acquisition by Cliffs Natural Resources Inc.

Marketwire - December 10, 2009


If something simmilar is happening now with noront that would give us 0,86 x 2,86 = 2,45 (2,86 is the ratio between the 0,35 and the final takeover price at 1,-)


Just don't know if i should be happy or not.

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Re: BAOSTEEL RESOURCES TO ACQUIRE 9.9% INTEREST IN NORONT
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crazytrade
May 02, 2011 08:41AM
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