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.

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Norra Metals Corp

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Comment by Ihateshareson Feb 14, 2013 3:57am

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Post# 20986212

RE: $3.50 all share + warrants offer TAKES IT !!!

We can expect at least one more bid from each bidder. FM is bound to come back in with an improved offer and it is highly unlikely Coeur will throw in the towel after only one bid.

It is clear from the press statements from both bidders that they believe the $2.70 offer price is a 'very fair price'. Translated, they know they are getting a bargain. With that in mind you can bet both parties have wriggle room to go higher. You have the added fact that FM has a strong foothold in Durango and LP is adjacent to some of it's existing projects, FM does not want a competitor on it's doorstep.

Holding out for at least $3+.

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