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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 blue_seaon May 09, 2011 2:37pm
464 Views
Post# 18549794

RE: RE: RE: who would sell now? ... crazy

RE: RE: RE: who would sell now? ... crazy"Blow off the deal" ... was said in a news release from a member of the Orko management! (but I cannot remember now who it was) ... & it was said in a way that it was not clear to interprate to what it is relied on ... but - and that's my guess - OK could play with the thought about it.

Also when OK only could get out of the deal for 8 million bucks when PAA would not decide to bring that project into production there are also timeframes in which that have to happen.

So if there is further the practice of delay any PEA etc. I that should also fall under a strategy of not being willed to bring it into production in a certain or given timeframe. The strategy seems to be to wait until commodities are down again, ... but this will not happen.
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