HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Real money

So BHP feels confident in their current offer. 
NOT board feels BHP is best for shareholders.

What is happening here?  I realize that Wyloo's offer is not official but come on.

No one is tendering shares at .55 when the current market will give you.75.  So BHP is not getting a single share unless they are buying them on the open market.

I love Forrest's idea of participating in a new Noront and cash as two options.  I think for a man who has 3 Billion in his pocket due to the last dividend he can come up with a better offer than .70.

SP of 3.50 would give us a 2 billion value. That  would be a legitimate offer throw in a chance to participate again and I'm taking a long hard look at things. ... and Forest would still have a billion in his pocket and a whole new addition to his portfolio likely.

Strange times.  Exciting times.  But my biggest question is still why our BOD is giving such poor advice.

A

 

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Jul 11, 2022 01:24PM
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