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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

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Post by DoctorAuric on May 27, 2021 6:06pm

hmm...

"Wyloo."

Owned by yet another Aussie iron ore magnate worth $18B USD with deep connections to the commie Chinese.

Proposing completely private ownership of a strategic north american asset that has languished because of government ineptitude among other factors. 

If the Canadian gov't stepped in when they stopped the sale of the TMAC, they will certainly prevent a Chinese proxy from attained complete control of this asset.

I predict the message will be sent to Wyloo to get out with one or more anglo-american controlled multinationals moving in instead.

Comment by goodheart-r on May 27, 2021 6:34pm
Or they take Noront along as a minority partner.
Comment by Patentpending1 on May 27, 2021 8:28pm
It is easier to take out noront and move on. Wyloo,KWG, Fancamp, Bold and Juno will be interesting for sure.
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