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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 RatPatrolon Nov 03, 2021 2:25pm
143 Views
Post# 34083259

RE:Tendering deadline extension no surprise

RE:Tendering deadline extension no surprisestocksleuth01, I would NOT be confident that small shareholders hold 

ANY STRONG CARDS

At this moment 
In this proposed takeover.

1) Wyloo has its hands full dealing with NEW RISKS
In its home country, where it has 90% of its portfolio exposure.

2) Wyloo knows how to exploit the public markets
BETTER than most.

3) BHP ONLY NEEDS WYLOO's 37% interest.
Add in Noront management's 10%
Then throw in another 8% from the public.
And

BINGO !!!  55%!!!

Natives, communities, tree huggers and other greedy interests

Then May dash water on ANY remaining embers
On this So-called Ring Of Fire.

It's happened 
MANY TIMES.

DYODD   JMHO




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