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.

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Noront Resources Ltd. > Bidding war incoming!

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Comment by lou64on Jul 31, 2021 11:51am

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Post# 33637027

RE:Bidding war incoming!

It goes to show that Wyloo / Forest wasn't interested in taking a bid of 19.9 % of 24.5 cents and they / Coutts came up with a bid of 2 measly cents over a BHP behind door bid of 29.5 cents ??????

That week Noront was pushed to 24.5 cents by anonymous with a premium that both COUTTS and FOREST knew was on the table

any smart individual would look up and understand another bid by Forest would force BHP interest and pony up a better offer ... not to mention Coutts threatens to release a evaluation with no route / 2 different sources of debt ?????

Forest got a deal with BHP and expect zero bidding war

LMFAO @ fool believing FOOLS

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