a question

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

tequilarose

Rank: Vice President [?]

Points: 2157 [?]

Votes: 52 Score: 3.2 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

a question

posted on Aug 15, 2012 08:21AM

I'm a novice investor and don't know all the rules. A question: does anyone know what happens to our shares if someone comes along and purchases Noront? Are we protected? Are our shares likely to drop in price? Is it possible that the new company can negotiate our number of shares lower as part of the package or are the stockholders protected by government law? Just wondering.....the whole thing is a little stressful.

I think that Wes will turn to Joe Public when the feasibility study is released and permits are in place to try to raise some capital and the price will go up when the attention is drawn to Noront and the ROF. That happened a few years ago when he was on BNN. That's when I first bought in and it's been downhill ever since but I see the results of the media coverage. I'm amazed at the number of people that do not know this is happening in Canada.