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Noront Resources Ltd. NOSOF

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

Comment by greasemonkieson Jun 02, 2021 7:57am
118 Views
Post# 33309356

RE:People are like sheep

RE:People are like sheep

Curious if Wyloo doesn't continue or make an official offer, what happens to the share price? What happens when/if the price drops and Wyloo calls the loan in? Has Noront a plan (B)? Will an entity loan Noront the money and at what cost?

 I can see investors getting excited at beginning and driving price up, but how long do these entities wait before bailing and if so where does the price go then?

i hope that the price does go up as it is better for my other investments in other companies in the ROF, but I would love to see how/where Noront's debt anchor is dealt with (time is not Noront's friend)
 Where is government? Where is First Nations? Where is the knight in armour to come to the rescue? If nothing happens and everything goes back to normal, once again Al and management will still be running this company and same old will return again.
 

 GLTA ROF gamblers 

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