Norra Metals Corp V.NORA.H

Alternate Symbol(s): NRRMF

Metals & Mining Gold

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 carterZ21on Mar 17, 2012 9:50am

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Post# 19684616

RE: RE: RE: RE: RE: RE: RE: Time Running Out For P

Hi Ihateshares,

Good post. I completely agree that Cope has made it absolutetly clear that he wants to get a deal done and move on to Orex. As I have posted my observations from PDAC, other employees of OK seem to have "moved on" as well. I also believe that if PAA is the eventual acquirer, Cope will cede to a "friendly takeover" discount to PAA in the interest of moving on. I do not however, equate this to "desparation". If PAA's offer is so deeply discounted, he simply says "no deal" and post July 2012, PAA is left having to pay a premium in a possible bidding war situation against other interested parties who have already met with OK.

I have been somewhat frustrated waiting through the PAA delays. However, what I have seen Cope do lately in regards to meeting other suitors and the independent study (post PEA), have demonstrated to me that he has had enough with PAA and has gone on the offensive. Don't forget that we have institutional shareholders such as Sprott that aren't interested in having Cope recommend a low ball offer.

GLTA

Carter.

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