Noront Resources Ltd. NOSOF

0.315 Recommendation LOU64.....very harmful advice

[Dragon23]

So, let's see.........on July 31, 2021, someone acted opposite of the advice of Lou64 and BOUGHT at 0.315 ........so they dropped $20,000.00 on a SURE BET.....on December 17th, a mere 5 months later they made a profit of roughly $70,000.00.

 

So, someone actually listens to Lou64, and disposed of a modest 100,000 shares at 0.315.

On December17, 2021, a mere 5 months later their loss would be....$78,500.00

 

And people on this forum still kowtow to someone of this ilk? And ask for advice?

 

I have said it often, and will again: whoever Lou64 is, he/she mostly has absolutely no clue what they are talking about. He/she have had numerous posts removed, even in recent months, because of misinformation posted. 

 

Quite bluntly, he/she is a menace to true investors, and any advice/opinions shared by this individual need to be thoroughly vetted if you are really using it as your DD.

 

[lou64]

Get Forrest to offer a BINDING agreement with real money on the table and then Coutts agrees with the tabled agreement that is publicly open to shareholders to see if or not to their liking ? Forrest ONLY offers  " NON-BINDING " and management WON'T allow Wyloo bid to go to shareholders  So how can anyone make a investment decision on a SPECULATIVE deal that has NO TEETH

[lou64]

What happens when BHP calls Wyloo / Forrest bluff with his non- binding agreement and BHP says enough is enough we pull our bid ??? Then it will be the PHAT Lady singing about Andrew Forrest it is time to PONY UP !!!  Will BHP allow it go on until Jan 14 th ?????? NOPE

[lou64]

Think I don't understand the score ? WHY ?????????? Were there " 2 MAJOR " trades at the end of the day with 2 - 500 000 trades between canaccord and scotia but it never effected bid or ask ?

[startenout]

Lou, i believe Wyloo does what Wyloo does during this bidding war because they do not trust BHP and in particular do not trust the Noront board. These non binding offers may be in Wyloo's eyes, a way to get The Noront board across the table with their lawyers to draft something on paper that Noront cannot misconstrue what the offer is actually intended to say. As you know , one wrong, or

[lou64]

Here the difference and the Feds will need to agree to this buy ... look at BHP approach wrapping themselves in a flag while Wyloo is deemed HOSTILE... look at the larger picture to understand  KerResources reporter Dec 20, 2021 – 8.00pm Save Share A BHP bid for Canada’s biggest potash miner would be more