Noront Resources Ltd. NOSOF

Outcome

[K66666]

I don't have a crystal ball to help decipher at what price NOT will go for once the battle between BHP and Wyloo is over. I don't need a crystal ball,however, to ascertain that the demand for nickel in 5 years time will far exceed the supply. So in a nutshell, we have a determination of an estimated future value of a mine that is sought after by at least two heavyweight miners. Knowing this, the sky is the limit as to the quantum that each of these or a third one will be willing to pay. The rest is BS. Like Wheelsonabus says.... don't sell....and if you have the means keep buying. You're welcome.

[carter2]

One outcome you can be sure of is at least a 20 to 1 rollback,  559,000,000 outstanding shares 

[K66666]

So what? The end result is the same. Next...

[RatPatrol]

I beg to differ with parts of your assessment K66666. 1) Wyloo IS NOT a heavyweight miner. Wyloo calls themselves "collaborative investors". Wyloo has  NO REPUTATION NO MONEY NO MINING CHOPS to develop any part of ROF. Taking BHP on this deposit is NOT Wyloo's style. Wyloo is out of its depth moneywise and mining-wise. BHP appears to be waiting for Wyloo to slip, cry

[K66666]

Really? What of the37%that Wyloo owns....boys you will have to do better than that! LOL

[wheelsonthebuss]

Rat please go back down the hole you came out of -  nobody is selling and nobody is tendering until the fat lady has finished singing - and she may start up on another song if the third bidder shows up on stage - can you sing - O YAYA !!!!!    GO NOT GO $$$$$$$$$$$$$$$$$$$$$$$

[RatPatrol]

Wyloo management UNDERSTANDS ITS POSITION  relative to BHP  much better than some on this board. One SOURCE of its hesitation lies in its evaluation of the opportunity cost of waiting on Canadian infrastructure to be built. FOR ONE EXAMPLE, the pipeline industry has a graveyard of infrastructure plans. There are others. JMHO    DYODD

[halfcentman]

A valid point RP. However, I believe BHP has made inroads with the federal government when they made their deal in Saskatchewan. Given the two suitors, I would gather the government would rather deal with a proven miner like BHP than with Wyloo. That's not to say Wyloo isn't up for the job, it's just that BHP has more clout and a bigger footprint.

[RatPatrol]

Thanks for your comment, halfcentman. I agree with you. Also I hope and would expect that gov't officials, wives, minions, INDEED ALL OF US have learned that due diligence DOESN'T GO ON FOREVER!! You are correct in assessing BHP's influence in Saskatchewan OF COURSE BHP ALSO asked for a tax break  but were rebuffed I believe. (But you HAVE TO ASK) Trudeau is in his

[greasemonkies]

OR, KWG and First Nations will acquire the finances to build transportation infrastructure in and out of the ROF. There's a reason why RCF sold Noront at a loss to Wyloo and immediately bought a huge stake in Rail-Veyor which at this moment in talks with KWG and FN.  Cliffs/Noront/BHP/Wyloo all have bigger footprints that KWG and the 1st 2 tried to bankrupt KWG and both have either went

[RatPatrol]

Rail-veyor technology may find use as a mine technology rather than an application in general infrastructure. At this very early stage, we might as well throw it in the hopper for consideration. Why for 25 long years, Great Canadian Oil Sands was using bucketwheels and conveyors to mine. Then one day a female mining engineer had it replaced by good ol' trucks and shovels. At which moment

[greasemonkies]

Electric cars/vehicles was exactly what you are implying by saying Rail-Veyor not in general infrastructure but rather niche markets or conditions, but here everyone at Noront is screaming electric vehicles for all conditions? Rail-Veyor has a fraction of the moving parts as a large truck or locomotive, weight is evenly spread out unlike a large truck which would destroy roads as it travels along

[wheelsonthebuss]

So Fn's don't want oil pipelines going over the land - but this rail veyor system blowing dust and crapp all along the system for 400 km is Ok ????  Then lets get her done and forget the infrusture and roads to these FN locations .... and if anyone wants to get between locations - just hop on the Rail Veyor Caboos - and hang on ....... don't forget to bring your mask ... and a

[RatPatrol]

Hey greasemonkies, wheelonthebuss makes an EXCELLENT point.  It's not necessary to strut out a sales pitch for rail-veyor. Many here understand the technology and its applications. But may I humbly offer a suggestion of....... your benefitting from... a mine tour? BWDIK     DYODD

[Dragon23]

Greasemonkies.......for clarification,and since I am invested in both companies, which one went bankrupt? Or is this more of your hyperbole like your since deleted comment about Noront defaulting on loans?

[lou64]

Didn't file a complaint against Noront not to long ago ??? Juno got troubles and next will be Noront lack of guidance  https://www.cbc.ca/news/canada/sudbury/attawapiskat-ring-of-fire-exploration-court-case-1.6200000