"KING OF THE RING" (c) : Canada´s next major mining company with high-grade nickel-copper-platinum-palladium, chromite, vanadium, and also gold discoveries in the "Ring of Fire"

Latest Discovery: "EAGLE´S NEST" with 178.8 metres @ 1.2% Ni AND 149.5 metres @ 2.4% Ni (+ significant PGE and Cu)

Hub Home

> Log In

Demo Video
Private Messages
Edit My Profile
View/Edit Portfolio

AGORACOM News Flash

AGORACOM CONFERENCE UPDATE

12 More Companies Added To Schedule For Dec 3 & 4. (See Schedule)
Keynote Speakers Include Peter Grandich, Eric Coffin (See Speakers)
Workshop Presentations Added To Thursday Schedule
Investors from over 45 Countries Have Visited
Conference Begins 2 Weeks From Today!

Looking forward to seeing all of you there gang. Registration is free for investors. AGORACOM Members register with just one click. Non-members takes less than 60 seconds. Register here (see form on right hand side)

Message: NOT'S financial Advisor....

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

scarff

Rank: [?]

Vice President

Points: [?]

942

Rating: [?]

Votes: 119 Score: 3.0

Currently 3.0/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: NOT'S financial Advisor....

posted on Nov 01, 09 11:10AM

According to the figures given in the article, the insitu value of the gold and silver at Frute Del Norte at todays prices would be $14,668,500,000 (billion). Kinross payed only $1,200,000,000 for it. I can understand why Aurelian shareholders were p'd off.

There is no way that deal was in their (shareholders) interests. Even at 2008 metal prices it was still way off.

I personally think we are being led down the 'garden path' by the same architects of that deal.

OK. Aurelian SH got a 63% premium on the 20 day average. If you apply that to NOT on a similar deal we would get approx $2.69 to $3.00 a share. Maybe my math is wrong but I would be p'd off with that deal.

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

New Message

Please login to post a reply

Agoracom TV

Check out Agoracom's daily, fast-paced, newscast on the morning's top Small-Cap newsmakers

Mesh With Us On The Web's Top Social Networking Sites

Find Our Content Throughout The Web With Our New Media Partners

AGORACOM Quick Tips

Peter Grandich Blog. Unbeatable Market Commentary ..Discover Grandich

Click To Watch Today's Show

President's D.D.

Noront Circular : Freewest Bid

NORONT RESOURCES LTD. OFFER TO PURCHASE all of the outstanding common shares of FREEWEST RESOURCES CANADA INC. on the basis of 0.25 of a Noront common share and $0.0001 in cash for each comm... read more

Stock Quote

Open NOT:CA Stock Quote

Investment Ideas

Like Noront Resources? Then you might also be interested in Legend International Holdings, Inc

Legend International Holdings, Inc

Planned production of 5 million tonnes of phosphate rock per annum by 2013
Major shareholders include: Atticus Capital 13.5%, Soros Funds Management 10.4% & IFFCO 15%
As of June 30, 2009, the company had $85.8M USD in the treasury