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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

Post by halfcentmanon Aug 08, 2021 12:34pm
244 Views
Post# 33669526

Stop guessing

Stop guessingI've read the messages on Agoracom and Stockhouse placing a share price that would be adequate for you to sell. I'm puzzled on how you came to this figure. Is it a result of what you paid for your shares years ago plus the anguished of waiting or is it based on a calculation of some future value discounted to today? I haven't put a value on what my shares are worth. I would have liked to have seen the valuation that management, BHP and assume Wyloo were given but it appears I am lesser of an individual to be prevy to that information. It is discrimination not to be given all the information that other fellow shareholders have been give access to. I'm also puzzled as to why the Shareholders Rights Plan was suspended in BHP's condition of sale. How can a provincial law be superseded by an agreement between parties? Why was it implemented on Wyloo's 31 cent offer and suspended a few days later on BHP's 55 cent offer? I can't see how a 24 cent difference makes me loose my rights to protect my interests. Can someone explain?
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