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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
Post by carterZ21on Nov 20, 2012 8:59pm
422 Views
Post# 20624574

Takeover

Takeover

Hi Milly and all,

 

I completely agree with your comments regarding trading of insiders. The absence of trading by insiders can be a sign that OK is in active takeover negotiations especially when considering the context of Cope's recent interview comments. It appears to me that Cope has been getting more and more aggressive in his comments in that the end is near. With all the delays and lack of PR polish that has been common for OK I can't imagine Cope would comment so brazenly about the end being near without a good deal of comfort that an offer was on the way in the near future. What I found interesting was that Cope did mention in the interview that a substantive amount of his current/future wealth is tied up in his companies (OK & REX). IMHO this is key to ensuring his personal best interests are aligned with ours and a significant motivator to getting a deal done. I haven't researched REX to any great degree but have to believe OK is his best chance for a cozy retirement.

 

GLTA

 

Carter

Bullboard Posts