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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 Jan 23, 2012 7:59pm
300 Views
Post# 19439337

RE: PAA & Orko

RE: PAA & Orko

Hi bp,

 

I too hope PAA is not finished with OK. I believe that PAA's acquisition of MFL is clearly indicative of their desire to add exisiting production and cash flow and their interest in being geographically dominant. This is a theme that was clear in their news release. Interesting choice of wording which in my view reinforces theri comitment to mining in Mexico today and in the future, which is cleary good for OK. I believe large cap companies look for two things: opportunities to enhance their current revenue streams (MFL for PAA) and growth (what OK represents to PAA). I do not believe that the deal is off the table. In fact I believe that PAA remains committed and are not done shopping yet. Silver is going higher, so to will PAA's share price over time. I don't believe PAA is focused  on short term share price moves in their stock. They will make moves to generate long term wealth for shareholders, which in my view will include OK in their stable of assets.

Bullboard Posts