Re: cliffs response

Welcome To The Spider Resources HUB On AGORACOM

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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khareema

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Re: cliffs response

in response to

cliffs response

pdcon1

posted on May 29, 2010 11:20AM

"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.