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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 the last copper-zinc-silver-gold producing mine across six contiguous exploration licenses totaling 60 square kilometers (sq.km) of 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 in the Meraker municipality of Trondelag County, Norway.


TSXV:NORA.H - Post by User

Norra Metals Corp
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Comment by YeOldGoldNuggeton Apr 06, 2011 3:53pm
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Post# 18395260

RE: Hey Nugget ...question for you...

RE: Hey Nugget ...question for you...From what I hear from my contacts that perception is correct. He is good at what he does.

He had his reasons in 2008 to do the JV with Pan American and he did what he thought was best to get this thing into production in troubled times when finances were hard to get.

I'm not saying looking back and knowing what I know now that Orko couldn't have pulled it off themselves and probably would be trading higher right now. But that is hindsight 20/20 and back then nobody knew what would happen with the markets and the recession.

I also heard mentioned that Gary is widely respected and that he can find partners easily. He did it with Orko Silver and he did it with Orex. I think he would rather go for safety then for speculation of doing it alone when it comes to developing projects. There are reasons for and against that way of doing business I suppose.

Does that answer your question Ralph?

YeOld
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