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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. > We All Need To Be Mindful
View:
Post by RatPatrol on Sep 03, 2021 12:30pm

We All Need To Be Mindful

Sports Fans,

NOT's stock price is Now Nicely North of Wyloo's offering price.
This tells us 3 things;

1) Wyloo values its holding, and by extension, today's value OF THE WHOLE COMPANY, at....

                                                   75 cents per share.

2) BHP appears to have had discussions with Wyloo before making its offer to the public. BHP's offer was FRAMED to keep Wyloo as a shareholder.

3) BHP, like Rio Tinto and many other majors, is still nursing financial wounds from 2011, and more recent M and A and operational debacles.


Let's not get ahead of our skiis.

We c......

DYODD
Comment by RatPatrol on Sep 03, 2021 2:09pm
Think about This, Headunderthebuswheels, For the reasons here discussed..... an offer by BHP, the world's largest, and one of the most capable miners....... MAY NOT BE FAR OFF TODAY'S PRICE. Who knows? Maybe Wyloo will tender its 38% holding at say  76 pennies? Wyloo has definitely given the market its idea of NOT's value. We c..... DYODD
Comment by wheelsonthebuss on Sep 03, 2021 2:42pm
think about this rat breath - your not even close to being right  - except the rat smell coming from your mouth - this battle will have many innings - and even a very possible series when the new contenders showing up - So go hold your bad breath and then spew it on your fellow basher trash - you stink  ...... O YAYA !!!!!!!!! 
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