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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

Bullboard Posts
Comment by blue_seaon May 04, 2011 1:53pm
371 Views
Post# 18529948

RE: RE: RE: RE: Showing Strength!

RE: RE: RE: RE: Showing Strength!Hi flymar,

so I'm in since
.62 :) ... so I can have nerves and patience. This game will stop soon. Perhaps this is the final trial to bring this stock down or hold it down in the $2.50 range. I don't know, I don't care much.

But what I think about is that PAA has missed the opportunity for a cheap buyout of Orko. So with silve at these or future levels PAA could prefer the 55% / 45 % status and so Orko will be a explorer without costs :))) ... also a very good deal for me. The hot money will leave but serious investors will buy in in any case.

Orko is in a win win situation, that's the fact and PAA is in a blue funk that a third party could give out an offer for a takeover. As long as the PEA is not on the table they still have time to think about how to mangage the situation with silver on the rise. Finally all will be expensive for Pan American Silver.

Orko always have the opportunity to blow off the deal with PAA for 8 million bucks and shake hands with another company for a takover.
Bullboard Posts