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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. > What's on the horizon
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Post by halfcentman on May 25, 2021 6:47pm

What's on the horizon

We are going to have to follow a process in the coming weeks to see how this all shakes out. First, I'd like to know who these three independent directors are. How independent are they? Second, the vote for the BoDs is on 7th and meeting on the 9th of June. I know how I have voted. How will Wyloo. If you ask me, Wyloo's direction will become very very clear by the 9th. What if Wyloo cleans house and puts in their own guy? Hold on tight.
Comment by Welland on May 25, 2021 9:09pm
I beleive there will a bidding war for NOT. If Wyloo lose out, they will still make a handsome profit on their NOT shares's.
Comment by greasemonkies on May 25, 2021 11:36pm
Where is Noront getting the money to pay off Wyloo and Franco Nevada, 1 of these entities just offered Noront a buyout of 31.5 cents or what? Call the loan in, and which loan shark is lending to Noront ( PS: RCF just walked away from NORONT 4 months ago and sold to Wyloo)
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