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. > Wyloo offer at 70 cents or keep investing

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Comment by startenouton Sep 14, 2021 5:01pm

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Post# 33856626

RE:RE:RE:RE:Wyloo offer at 70 cents or keep investing

If Wyloo does get it in the end, i would hope there is some sort of "contract " or rules sheet of how exactly it would work if you let your share " ride" so to speak. Its all kinda vague at the moment and may be irrelevant if there is someone else who puts in a superior bid to Wyloo's. It is definitely a large olive brach from Wyloo, and kinda sets the bar for the BHP to do the same . How do you put a $$ value on that?? In other words what monetary value do you put on " letting it ride" as opposed to taking cash ??? Wyloo put a $.70 value on it , how much cash would BHP have to offer to beat that?? Interesting indeed?? Personally , i think it was a ingenious tactic from Wyloo.

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