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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 blue_seaon Oct 04, 2012 11:12am
307 Views
Post# 20447225

RE: RE: RE: Orko takeout pricing

RE: RE: RE: Orko takeout pricing

So, any interested company who is interested to take out another company only has to wait until June or December to make their takeover offer to the desired victim, because then the share price is absolutely down. Or they just let manipulate the stock price down, waiting behind the curtains and then can make a stink bid. Very simple ... but has such an takeover offer any worth? No, because anybody knows what a deposit is worth. You can only do that with companies whose run out of money or are already almost bancrupt. Otherwise it's just a joke to bid on a deposit worth billions of bucks with an offer of perhaps 300 million. Don't you think?

 

Reminding me on Consolidated Minerals years back, what a paradox situation, the share price so far away from the worth of the company. And then the first offer was spoken out, ... and surprise, surprise 2 other companies jumped in a bidding war, so 3 were bidding. And so the final price was 4.5 times higher then the share price before the bidding war began. Oh, of course Consolidated Minerals had the choice to give their project away for 50% over the share price when someone would have spoken out such a takeover bid. Paradox, don't you think?

 

I'm sick and tired of all the tries and cheap manipulations here to hold the price down. And thank God Orko's management knows what the worth of La Preciosas is. And everybode can do a calculation for its own. So the basher-community here is just ridiculous with its trials and like I sad the quality of the bashers felt down dramatically, even cheaper then PAA's PEA.

Bullboard Posts