Its that time folks. It's time for decisions to seriously be made on the future of the ROF. Dilute NOT and acquire FWR. Give up FWR to Cliffs with the expectation of NOT to be not far behind in being acquired by Cliffs no doubt. I'm feeling the 5.00 takeover in the air like another company we all know. Don't forget though Aurelian went to 20.00 and split, so maybe Crazdik will be awoken before the big sale. In either case we can all be pretty much assured NOT will never see the 50.00 per share Mr. Nemis had alluded to in 2007 unless we take over FWR. Is that likely to happen. Lets see.....no!!!! Cliff's has much, much (expressed in bold MUCH) bigger pockets than Noront. This is a great play by management to increase the valuation of NOT, but it will likely not hold off the freindly takeover. I look forward to an interesting few months ahead. I look forward to seeing the level of resource we actually have here. I think the motherlode may start coming out in conversation, but of course the stock price will not move closer to the North Pole until the institutions and MM decide (in private) that the price will jump on the back of Rudolph's back and take the ride of its life. Unless we can prevent this takeover we likely will see this move sooner than later, but then we too will succumb as we all had predicated this time last year. We will profit, but we will never experience the full aura of being a part of the motherlode discovery at its fullest. I don't seriously think management can wait that long to recommend selling to Cliff's at that time. They can't let the price get too high or Cliff's won't be able to profit on unfound/unaudited reserves. Am I being a doubting Thomas. You bet. Do I want the motherlode. You bet. Do you want the Motherlode? You bet. Why do I hate being a retail investor again. :(
Have a great weekend and God bless everyone,
Mustangman
