That has been my question all along - the BOD is supposed to work towards maximizing returns for the shareholders.  If Noront does not support this latest offer from Wyloo, why the heck not?

I've said it here before, if shareholders are to sell their shares to the highest bidder, why would we care who that highest bidder is as long as we get our fair value (unless it's a deal like the latest proposed one from Wyloo where we could still participate in the "new noront" if we decide not to sell)?

If the BOD still supports the BHP bid, it begs to question, are the members of the BOD getting a side deal from BHP?  Why else would they support an offer that compensates shareholders with pennies instead of dollars?

What BHP has offered for the whole company (about $235M) is the price of a semi-large highrise in Toronto.  Step into reality here - Noront has the potential for generating, for the new owners, a lot more than rental income from a commercial or residentail high rise.

Noront is easily worth somewhere around $5 to $10 Billion dollars in its present stage - $10 to $20 a share.  The potential buyers know that, the BOD of directors know that, the governments know that.  This seems to be a concerted effort to steal this great company from us.  I have not held on to my shares since 2014 to see this one slip away. 

What the hell is going on here?