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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.


TSXV:NORA.H - Post by User

Norra Metals Corp
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Comment by carterZ21on Mar 27, 2012 6:33pm
417 Views
Post# 19725161

RE: RE: RE: RE: RE: RE: RE: RE: QE3

RE: RE: RE: RE: RE: RE: RE: RE: QE3

Hi Milsy1,

 

I got the sense from Cavey at PDAC that PAA will not meet the April deadline and the underlying tone of the discussions was that OK wouldn't be around as a standalone company to see the July deadline. I still believe PAA will be the acquirer.

 

My thoughts are that Cope has and is positioning OK (through the recalculated resource estimate due out in April and meetings with interested parties) simply to ensure PAA pays a fair price for OK. I don't believe it would be the top dollar price possible, as would likely be the case through a bidding war, however I think Cope wants to move onto REX is a big way. I believe Cope feels he has almost accomplished his objective, that being to prove up the resource and sell the company in the near future. 

 

GLTA

 

Carter

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities