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 Aug 26, 2012 8:22am

415 Views

Post# 20261451

RE: RE: RE: Spoke to the company this morning....

Hi Ihammy & Milly and Everyone,

Thank's Milly for your posts regarding discussions with OK reps. I meant to post earlier however been enjoying some down time. I communicated with Mike Devji last week. I asked about when the Mining Plus Resource Estimate is due out and was told that the report from Mining Plus is expected any day now. Unfortunately, he couldn't give me a date but said it is day-to-day. I asked if the PEA results are going to be delayed due to the delay in the release of the Mining Plus estimate and was told that any delay of the PEA cannot be confirmed however AMEC has been working on the PEA in parallel. From that comment, I infer that there may not necessarily be a significant delay in the release of the PEA as at least some of the PEA work can be done concurrent to the the Mining Plus work...JMHO. Mike mentioned that OK will hold a shareholder conference call similar to the April call once the PEA is released. Mike also mentioned that OK will be marketing the company from mid September to November. This is to market the company in general and the PEA results to the investment community.

I found today's post about Cope selling shares interesting from the standpoint that it at the very least appears to tell us we are not on the verge of being taken out just yet. He couldn't/shouldn't be dumping stock otherwise. Perhaps he needs to pay for summer vacation bills, take some compensation, etc. Friday's heavier trading volume and price rise give me more comfort than Cope's share sales give me concern at this point. If he was selling the majority of his holdings I certainly would be more concerned. I hope Friday's trading tells us the Mining Plus results are around the corner. If they are as good as we hope, perhaps we will be over $2.00 for good. Let's hope the price of silver continues to rise as well as that too hould help buoy our share price. Hope this provides some info to consider.

GLTA longs.

Carter

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