Noront Resources Ltd. NOSOF

Why would Wyloo walk away?

[K66666]

Here is Wyloo with almost 50% and for good reason, wants to develop this trophy nickel, chromite and whatever else there is mine....and there are posters here that want to have you believe that Wyloo is going to turn around and pass BHP the Vaseline? I don't think so. My money is on Wyloo not backing off. This is good news for us longs. There will be a bloodbath between these two and possibly three or four....when there's a trophy there are hunters....they will show up eventually... that's why I keep on adding to my position...close to 75000 additional shares I have added to my already sizable position. Do your own DD. I've done mine.

[RatPatrol]

The short answer to your question may only be 10 days away, K66666. But I'll speculate that Forrest is keenly SENSITIVE to the Canadians' approach to these big projects. In a word, we Canadians are worldclass procrastinators. Wyloo walks away dragging bags of money to its shareholders...... Crowing that Wyloo is THE FIRST BIG WINNER  From this so-called ROF. And WHO KNOWS

[K66666]

Ratpatrol, I can't fathom the notion that Wyloo bought close to 50%....of Noront to do a real estate flip....Wyloo is an entrepreneur...a David and BHP is a Goliath.....Forrest isn't in this for the flip and besides that who knows if there isn't another Goliath waiting to be the Dark Horse? At anything below $3.00 a share it is chump change....of course all of these points I raise are

[lou64]

Sound familiar??? Buy a stake and up the stake and then announce you are the interested party that is willing to buyout only to take a better offer ???  HOW TO GET A BETTER RETURN ON YOUR INVESTMENT  but here goofy retail decided to up the bid price on the open market ?????????????????? writing is in the sand on how a individual operates and has a pattern It isn't rocket

[RatPatrol]

HEY LOU64 !!  HEY K66666  !! Here are 3 points. 1) If BHP does NOT get its 55% and Wyloo does NOT tender to BHP's offer. methinks BHP will raise its offering price to a level...... THAT WILL GET ITS OWNERSHIP TO 55%. 2) We CANNOT, SHOULD NOT try to read the mind of Mr Forrest. However Wyloo's PUBLIC FACE is an investor that gets along with other investors whose objectives

[lou64]

Why would BHP out bid it's own superior bid ? Think some of you need to review the past deals with Baosteel and  Baosteel Inks JV Agreement With Fortescue for Magnetite Iron Ore Project in Western Australia IDA CHEN August 27, 2007 07:00 PM SHANGHAI (Interfax-China) -- Shanghai Baosteel Trading Co. Ltd., a Shanghai Baoshan Iron and Steel Group subsidiary

[lou64]

I believe on the 9 th BHP backs away because they can not gain enough support unless The Dr ponies up with his share count to take advantage of his profit taking ... He has a history of playing to help his investment and then sell off taking his tidy profit

[lou64]

Here the thing ... both Aussies have done their number crunch and what they need to fork out to make this happen ... they done their homework and found out how much work will be needed to gain support of the First Nations ... They both know these main players ( First Nations ) were awarded shares in Noront and they will know first hand if they have keep these shares or did they DUMP these shares ?

[Dragon23]

No Lou64.......Here's the thing.....you have no clue what you are talking about. Your track record is abysmal. Here is just a sampling of your nonsense over the past couple of months.And there is more, much, much more. So stop embarassing yourself,and cluttering this board.  silly little peon take your 31.5 cents and run if the offer stands ???????? (July 6, 2021)   I would say it

[K66666]

You sound scared Ratpatrol..... LOL

[RatPatrol]

HAHAHA!!!!  K666666, WHY would Anybody be  SCARED OF MAKING MONEY????? My purpose posting is (hopefully) to add some value by way of... observation. You don't need to worry about me. You Are Very Funny! We c......