Gold, Platinum, Nickel, Copper and Base Metal Exploration
Active in resource exploration throughout Ontario, New Brunswick, Quebec, China and Mexico
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Noront Resources > Message
Disney_world_january__2008_165

Re: PP & Warrants - res-investor

Posted by: herbertwiebe on April 08, 2008 06:33PM

In response to: Re: PP & Warrants - Herb by res-investor

I stand corrected. Apparently, you can NOT write off these shares purchased in the latest PP. It is funny, though, because I think the majority of the money spent would be in exploration, so I then don't know the connotations of why a company would or wouldn't make them flow through, and hence, tax write-off-able... Oh well, my mistake. Forgive me. That puts the big shareholders in the should I or shouldn't I again. Do they support the efforts of Noront, and dilute their shares by about 2.5%, or do they not buy their warrants and try to buy shares in the open market without diluting them... I know Mr. Nemis probably wants the money, as it will go a long way to getting all the things he wants done accomplished. A couple of days... we shall see.

God Bless all NOT shareholders.

Herb

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