To AlterNate; cc MC, Tin man and others:-
Your reasoning explanation provided was exactly why I "PM'd" MC immediately after he started his daily distribution of his Noront buy-sell information sheets, ....to please continue, as it was very important info for shareholders' dont sell/ we're in control descion.
Those reports continue to expose 1.the buyer names as the Canadian Banks and 2. the ( a few) sellers as their subservient brokerage partners of those brokers.3. the miniscue share volume sales not alreadey held by current major shareholders.
Most importantly, the MC efforts have quaranteed to both BHP and Wyloo that neither will gain 51% ( absolute minimum contol requirement; ..reality requirement is 67%).
Hence pending appearance the proposed Ontario owned (5 to 9%) of Noront, AND its' 95% control of registered mineral claims, in the Ring of Fire. ...all under provicial trasportation and mineral resource constitutional control.
This means that the current retail shareholders still own the %control decision for Noront.
BHP now knows this.
This, ...combined with Road and ES cost investment financial inputs by ON "negotiators" expected soon, by the ( current) Jan 14 /22 deadine.
The NOT price bid deadline, currently in BHP control, (along with ON pricing cost inputs).
ON election date is June 1/2022. Peter