If you were an outside company looking to invest into a possible growth,small cap company with potential that has seen it's share value freefall to $0.36.?
Would you invest millions of your companies assets ($) into a company that compensates its BOD millions of dollars and yet has failed to provide any tangible results in the past five years?
Would you invest your shareholders capital into a company that has change it's prime direction three times in the past two years?
Would you invest into a company that even it's directors will not support by buying shares for themselves?
Would you invest in a company that has to "coat-tail" it's decisions on the actions of anothers?
Would you invest in a company that tried a hostile takeover (FW) then failed and sold the shares it did obtain to it's competition.
Would you invest in a company that found a future major gold desposit and sold it for cash and 25% mineral and smelter rights?
If you have answered NO to more than one of the above questions you have come to the realisation as to why there is no institutional interest in Noront.
"I don't know how I got here tonight,
I got a feeling that something ain't right'
Clowns to the left of me and Jokers to the right'
Here I am stuck in the middle with you"
DRS
Long and strong since the begining