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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 Sep 01, 2012 12:07pm
247 Views
Post# 20290800

RE: RE: RE: RE: More Cope Selling

RE: RE: RE: RE: More Cope Selling

Hi evenpar,

 

I couldn't agree more with the "very positive" comment. The ultimate testament to believing in a conpany's prospects is when insiders anty up in purchasing more stock either through the exercise of options or otherwise. As much as we are all disappointed with delays in news releases, etc...these moves by insiders, on a weighted basis, are much more positive indicators than the delays are negative IMHO. We must remember that the insiders are more aware of the company's prospects than we are despite the fact that they are yet to be in a position to make a material release, and with that knowledge, they aren't unloading large blocks of stock.

 

I'm truly hoping that we continue to see the uptrend in the stock before the release. It tempers the concern over the delays as when the news comes out (assuming it is positive), the shares will surge from the higher levels and get us firmly back in the $2.00 range. It is from that point that mangement and us shareholders will have much more leverage in negotiating a better takeout price.

 

GLTA longs,

 

Carter

Bullboard Posts