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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. > 37% Does not equal 100%
View:
Post by K66666 on Sep 22, 2021 11:54am

37% Does not equal 100%

There will be a tug of war with BHP.
Comment by fordtrucks on Sep 22, 2021 12:04pm
can wyloo instruct norant to do the conversion becuase they have the shares they currently own can anyone explain this in an easy message thanks 
Comment by HaulJockey on Sep 22, 2021 12:15pm
Shareholders own more than 50% of Noront stock.
Comment by K66666 on Sep 22, 2021 12:37pm
EXACTLY!!!!!!
Comment by HaulJockey on Sep 22, 2021 12:49pm
Of that over 50%, correct me if I'm wrong, Wyloo, as a shareholder, owns over 37%. BHP is like 3%? So I presume the remaining shares are owned by folks like us? Hence the plea by BHP to tender your shares? I think that's it.
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