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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 flymaron May 28, 2011 9:15am
249 Views
Post# 18638869

RE: Preliminary Participation and Joint Venture Ag

RE: Preliminary Participation and Joint Venture Ag
Thanks Ihammy and others for their discussion.
In their last release PAA stated that they liked Mexico and Mike Devji pointed out how well positioned La Preciosa was in terms of labour infrastructure.  If PAA wants to be in Mexico and right there (Canasil) what is the point in delaying.  Silver is not getting any cheaper and they are paying people on the ground anyway.  Don't think for one minute that they will be handed Navidad on a silver platter.  There the stalling will be on the other side as Argentina squeezes for as much as they can get.   I know I'm not giving a reference on this but I have a good memory and I remember that  the PAA/Nav. connection was not viewed positively by analysts.

PAA share price has only increased 30+% in the past year and they need new resources and fast in stable mining countries that want them as much as they want to be there.  I don't see this in Bolivia or Argentina.

Why spend all your money on a long shot when a certain winner has very good odds.

regards flymar
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