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)

Message: Current Management VS Proposed Slate

Glorieux, great point. Don't forget the fact that Patrick Anderson just sold Aurelian out from underneath shareholders for a song. The Aurelian board awarded themselves 2.5 million options just before JV talks with Kinross.

At the end of the day, management and the board made out with big money, while shareholders let go of what many called the best gold find in 20 years.

As such, can you trust Anderson with Noront? Do you want to risk seeing Noront flipped into a bigger company for a song?

In my opinion, this is nothing more than an opportunist move on Noront by people interested in getting their hands on yet another incredible world-class project. It has nothing to do with creating shareholder "value" for indiviudal shareholders. Their prosperity will come first. Period.

Richard and his team, on the other hand, have proven themselves to be down to earth and fair people that look out for the best interests of everyone. You can bet Noront won't be flipped into another company for anything less than full value for all.

The name of the game isn't today's share price. The name of the game is the ultimate share price whether it be 6 months from now or 6 years from now. Richard will get us that share price and won't sell out a penny cheaper because he has stars in his eyes to sit on the board of a major.


New Message
Please login to post a reply