Noront Resources Ltd. NOSOF

Metals & Mining Industrial Metals & Minerals

Noront Resources Ltd is a mining company. It is engaged in the exploration, development, and acquisition of properties prospective in base and precious metals, which includes nickel, copper, platinum group metals, precious metals, chromite, and vanadium. The company's developmental project consists of Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high-grade chromite and copper-zinc volcanic massive sulphide deposits which are part of the company's McFauld's Lake Project. Its assets are located in the area known as the Ring of Fire in the James Bay Lowlands, Ontario.

OTCPK:NOSOF - Post by User

Noront Resources Ltd. > Wyloo made a mistake

<< Previous

Bullboard Posts

Next >>

Post by stocks123STon Jun 01, 2021 11:51am

204 Views

Post# 33303312

Wyloo made a mistake

Coming in with a stinking bid is going to cost Wyloo...
They could have come in at .50 and it would have been a done deal.

All the money that was spent to find this ore body is probably a lot higher
than the bid on the table!!!
If you can't afford to pay about $250 mil for NOT, maybe you might be' to smart by half.'..

I think someone is going to come in and offer .50.
If Wyloo really wants this ore body, their counter bid will be .60 but if the
competitor really wants NOT the bid will upped to .75.

This will pose a problem for Wyloo.
Do you really want this ore body???
If the answer is yes, than the price will be $1.00...

All this because Wyloo over played their hand...
And not respecting their so called partners/shareholders...

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale