"The only way I am willing to dilute my shares with Noront on a 4:1 basis is if they report significant new discoveries in addition to, and at least as significant as Eagle one."
It is my feeling that NOT will report again... as will FWR. Maybe a couple of times in the week coming. Hopefully these will be drill results. NRs dealing with anything other than the facts found in a drill result are "spins" from spin doctors.
I want my investment money going into drilling; and that's what Mac is doing. If NOT has found Ni amongst the sills of chromite in ROF, there is a strong likelihood that FWR will find Ni too. The recent NOT NR with regards to platinum is impressive. But FWR's JV partners SPQ and KWG found "IUMS" long before NOT (including rhodium which NOT is testing for now). Through drilling, of course.
The hostile takeover (probably backed by hedge funds) by Noront is ill-timed for the FWR investor who can tolerate risk. IMO, the 55 cent FWR share price can run much higher on investor "momentum". Some may not be interested in momentum.
However, I am. Momentum driven by solid drill results.
Snug