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Norra Metals Corp V.NORA.H

Alternate Symbol(s):  NRRMF

Norra Metals Corp. is a Canada-based precious and base metals exploration company. The Company’s principal business activities include the acquisition and exploration of resource properties. Its Norwegian assets include the Bleikvassli polymetallic, zinc-copper-lead-silver underground mine project and the Meraker copper-zinc- gold exploration project. It also holds a 100% interest in the Pyramid copper-gold porphyry project located in Northwest British Columbia. The Pyramid Property is located approximately 65 kilometers (kms) north of dease lake in North-west British Columbia. The Company’s Bleikvassli property is composed of last copper-zinc-silver-gold producing mine with across six contiguous exploration licenses totaling 60 square kilometers (sq.km) area in the Hemnes Municipality of the Nordland Fylke Province of Norway. The Meraker property is composed of approximately 21 contiguous mineral licenses totaling 206 sq.km area in the Meraker municipality of Trondelag County, Norway.


TSXV:NORA.H - Post by User

Bullboard Posts
Post by nitaisamuraion Oct 07, 2012 10:41am
479 Views
Post# 20458839

With Pan Amer. JV expected B/O was$5-6...

With Pan Amer. JV expected B/O was$5-6...

now with 100% ownership of the project some have posted expectations of $10.00 per share buy out. Addititionally, factor in there is at least four parties involved in the bid and that the price of silver is forecasted to reach $62-70 dollars/oz. by the end of 2013...the longer the process takes to sell the bigger the pay out hence the bigger the party in the end. Someone offers $6.00 per share...we laugh, someone offers $10.00 we go hhhmmmmm, someone makes a final bid @ $15.00 under pressure...SOLD! One mother of a silver property gone to the big boys and everyone is compensated.

"Welcome to the party pals!"

Just my humerous opinion...give thanks to the greater creator for this opportunity and every other blessing in your life this weekend. I bid you adieu. Namaste.

Bullboard Posts