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)

Free
Message: Another 10+ year vet that has been lurking

Hello All,

I was disrupted from my slumber when I heard Crazydik wake....I've been with NOT since 2007 (wow!) and periodically checked in on Agoracom to see what people had to say.  Needless to say....in the past 10 years - there hasn't been much.

Now we have all this back and forth muscling between two giants with little NOT being tossed around like a play thing. I do recall back in May that NOT tried to flex in response to Wyloo with the Shareholder Rights Plan -https://norontresources.com/noront-resources-adopts-shareholder-rights-plan-2/#:~:text=The%20Rights%20Plan%20is%20designed,applicable%20take%2Dover%20bid%20rules.

Is anyone able to chime in on the status of this? NOT an expert in this space - but it sounds like whoever the bully is that takes NOT on will be subject to the possibility that the shareholders (other than the bully) can purchase shares at 50% discount for each share they have.  For me - that is a nice option to have and reason to keep some dry powder back.

Can anyone clarify if this was ratified at the Shareholder meeting?

Thanks

WW

Share
New Message
Please login to post a reply