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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 carterZ21on Aug 20, 2011 8:39pm
417 Views
Post# 18964136

RE: RE: RE: silver300: $65 Mil. Buyout / 18 veins:

RE: RE: RE: silver300: $65 Mil. Buyout / 18 veins:I hope you are correct Silvertrust in that Orko management will be more aggressive in the weeks ahead particularly as it relates to the PEA results and the future potential of relatively unexplored land package.
 
I was somewhat disappointed with the market reaction after the release of the PEA results however the recent trading activity is somewhat encouraging. I know many have been disappointed with Orko management's lack of news releases etc,. however I do believe that managements' interest and those of all other shareholders are in line as it relates to share price appreciation and a possible takeover  price. It seems obvious to say but sometimes we tend to lose track of the basics that are common to all Orko shareholders, that being the biggest pay day possible.

The clock is running out for PAA and it will likely get only more expensive for them to take out Orko if they insist on waiting until April 2012. Commodity prices are heading higher, so too will the share prices of mining co.s. IMHO I believe that a takeout offer will come  shortly after the NI-43101 on the PEA is issued, as that will give PAA shareholders the assurance they need that the economics are for real. In any event I'm riding this one out as I believe in the story.

GLTA longs

Carter



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