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Bullboard - Stock Discussion Forum 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... see more

OTCPK:NOSOF - Post Discussion

Noront Resources Ltd. > Sounds like another nail in Noront’s coffin
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Post by lou64 on Aug 22, 2021 10:42am

Sounds like another nail in Noront’s coffin

They are reporting Baosteel surrendering / tendered their shares to BHP ???

where that foolish up the bid chit from go baby go OH YA ..... another step forward to completing and ousting Coutts

https://www.afr.com/companies/mining/bhp-takeover-target-blasts-forrest-camp-20210822-p58kv9
Comment by lou64 on Aug 22, 2021 10:45am
Why would anyone pay above 55 cents when 2nd largest shareholder / management / board surrender their shares for 55 cents ?
Comment by HaulJockey on Aug 22, 2021 11:57am
Could be they just like the stock. Fact is, they might just like it a lot!
Comment by lou64 on Aug 22, 2021 1:17pm
Don't think so ... just mopping up some loose shares to add to their kitty for count day  THERE ARE ONLY 15 TRADING DAYS TILL THAT PHAT LADY SINGS AND IT WILL BE SONG !! The norm when a takeover like this happens is 105 for shareholders to make up their minds but Noront allowed it to be shortened to 35 or less and that is Sept 13 by the latest ... which gives 15 trading days by the most ...more  
Comment by lou64 on Aug 22, 2021 1:29pm
Guess this dude wasn't watch trading on Friday ??? 3 to 3:30 + the bid 58 and any buying was at 58 the a tiny action again for 58  @3:45 3:53  some 450 000 +shares on the ask (mopped up within minutes ) all by anonymous ??? then a fool thinks something happening  and buys into 60 just before the bell  meanwhile THE BID AT 58 NEVER CHANGED ??? 
Noront Resources Ltd.
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