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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 Dec 12, 2012 9:52pm
271 Views
Post# 20722807

RE: Strategy

RE: Strategy

Hi Milsy1,

 

Thank's for your post. Gary does expect the revised PEA to be out by February 2013. The best way IMHO to get a deal done sooner than later would be to push AMEC to get the PEA out before February 2013. Offer them a premium to get the PEA out ASAP. Perhaps a good use of some of OK's 11.5 million in the bank. The resulting boost in share price should put us in a better bargaining position for a higher takeout price. I have no doubt the share price is being managed in a tight trading range. For a company with a pure silver deposit and given Gary's public comments on OK days coming to an end shortly, it makes no sense that the price hasn't moved higher.

 

GLTA longs,

 

Carter 

Bullboard Posts