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.

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Norra Metals Corp

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Comment by schilajewon Feb 27, 2012 1:38pm

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Post# 19592279

RE: RE: Reason for rise?

Hi,wish to add info. THe exchange rates with the inflation factor is greater than thought.When equipment ,salaries,consulting etc added and the run away inflation in Argentina is greaterAND GROWING. aLSO THE MINING COST ,OPEN PIT ETC WILL INCREASES AS THEY WILL HEDGE THEIR COST MEANING THE aRGENTINES AND MINING OPERATIONS. Sooo my astute friend indicates the expense to the profit dollar actually increases as the price of silver increases,in the Argentine. Soo if your the V.P. of finance at PAA and a BOD you have to look at forward earnings. Hello they have an issue,making OK look a lot better. OK at 6 dollars plus is reasonable.

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