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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Re: cliffs response
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May 28, 2010 04:05PM
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May 28, 2010 05:25PM
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May 29, 2010 08:16AM
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May 29, 2010 08:38AM

"JMO but Noront should get involved with their eagle 1 and 2 like they originally talked about a year ago to develop the Ring of Fire"

Opinions like this are easy to come up with, but how about some logic to go with it.

I see NOT with a deflated market cap of less than 250m. The only way NOT could make a bid for these guys is with a stock offer. In order for NOT to make a .25 offer they would have to dilute themselves by better than 100%. Just ain't gonna happen.

Best regards

K

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May 29, 2010 12:10PM
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May 29, 2010 01:06PM
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May 29, 2010 02:33PM
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