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. > BHP deal terminated

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Comment by halfcentmanon Dec 22, 2021 8:18pm

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RE:RE:RE:RE:BHP deal terminated

People are getting ahead of themselves. There's a discussion on Agoracom on what happens with the 10% holdouts. We have yet to vote on the Arrangement where 2/3 support of all shareholders AND a majority of the "minority" shareholders need to agree to the deal. What evidence is there that Wyloo has the votes? I can't wait to read the Agreement. Would the table turn on Wyloo if the our shares trade above $1.10? The question remains: is our $250-$600 billion reserve worth $1.10?

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