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Bullboard - Stock Discussion Forum 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... see more

OTCPK:NOSOF - Post Discussion

Noront Resources Ltd. > URGENT: If you care about your investment...VOTE NO!!!!!!!!
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Post by SmithersDithers on May 25, 2021 2:02pm

URGENT: If you care about your investment...VOTE NO!!!!!!!!

Light up the phone lines of Rickford, Ford, Trudeau, and Noront.   This is an asinine offer.  It is also an offer which is going to decimate many a portfolio - mine included.

No way the GVT of Canada puts out that National Resrouces for National Security list a month ago and allow this to happen.  10 years of work with First Nations thrown out the window - think they will work with Wyloo?  

And what about that Chinese investment in Wyloo?

Ford and Rickford especially need to resign.  They have an opportunity here to get the Provinice up and running, to expand the north and to secure Canadian National Security.  

At this point, if GVT's aren't going to protect our national security, then why don't we just become a province of China or the 51st state?

KWG - I would be frisking quaking in my boots right about now.  If the Noront deal goes through, I doubt you will eat more than a 1-15 milly offer.

#Scandelous #fireford #vote no
Comment by startenout on May 25, 2021 2:59pm
Smithersdithers, you can throw the blame all over the place , and there is lots to throw around. But ultimately this falls at the feet of the Matawa. If they can't get their sh1t together and show some real progress what else can anybody do. Does the Canadian gov have the balls/power to force them into some kind of a deal. Push is coming to shove, and we have a front row seat. In the end does ...more  
Comment by SmithersDithers on May 25, 2021 3:02pm
I just completely disagree with what you said. If you think the Mattawa or anyone else up there is going to start dealing with an Australian company more than a Canadian one, then I sincerely suggest you turn away from alcohol and switch the pot!   The fact of the matter is is that the Ontario government and the federal counterparts I've been promising each $1 billion worth of ...more  
Comment by startenout on May 25, 2021 3:22pm
I think you missed my point.  i dont think the Matawa can get themselves together enough to deal with anyone, regardless of where they are from, Australia, USA, or Ottawa. are you saying that nothing has ever been offered  them??BTW i dont drink or smoke pot. FYI
Comment by SmithersDithers on May 25, 2021 3:29pm
THE ONTARIO GVT HAS BEEN PROPOSING A 1BILL INVESTMENT IN ROF FOR THE LAST 10 YEARS.   IF YOU WERE THE MATTAWA OR WHOMEVER AND HAD NOT SEEN A CENT OF IT, WOULD YOU BE IN A RUSH TO NEGOTIATE?  AND YET THEY ARE STILL BEING PROACTIVE WITH THE ENVIRONMENTAL ASSESSMENT.   NATIVES ARE NOT THE PROBLEM HERE - NOR HAVE THEY BEEN
Comment by startenout on May 25, 2021 3:35pm
Like i said, there is plenty of blame to go around, but i guess we just disagree. Ce la vie. Hope you have a nice day.
Comment by greasemonkies on May 25, 2021 5:20pm
1st phone line you better light up is Al's at Noront, but unfortunately Wyloo owns the debt. Whom can Noront run to quickly to obtain a loan, what would such a loan cost Noront( huge) probably better to deal w the Loan Arranger or loan shark. Cliffs assets were a great deal, but at what cost? King of the Ring.
Comment by goodheart-r on May 25, 2021 6:01pm
Do you really think wyloo is spending hundreds of millions of dollars to just sit on this grease. They are scooping up the cheap shares where people bought 12 to 25 cents who sell and may make over 100% on there money and then wyloo will come after the rest of the shares with a better offer. Then if in the past you sold any of your kwg and bought some noront you might just make a little. I think ...more  
Comment by greasemonkies on May 25, 2021 6:09pm
If I bought shares at 12-13 cents a year ago, I would have sold when it went higher. And then bought more KWG shares.  The Debt is Noront's downfall as they lost all control of their destiny. The debt collector comes a calling 
Comment by goodheart-r on May 25, 2021 6:14pm
All that matters grease is: In the end will your portfolio be up or down. Did you make the right choices? Did you learn anything for the next investment? Not Who owns the ore body or who buys what or Who you blame but yourself for the decisions YOU made.
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