RE: Cost basis for DDNJust so you don't feel you're being completely ignored, I decided to respond. I really don't know what a cost basis is, but what I can say is I don't believe that the spin-off has had a huge impact on the share price. Diamonds North still owns about 20% of Uranium North even with the financings. The recent downturn has left nearly all juniors with a severe haircut.
With roughly 50 million shares fully diluted, the company stands to gain substantially on any good results from Amaruk. Results from 5 kimberlites, two of which are potentially very large, should be out by years end. Also results from neighbouring Darby property held by Indicator are due any day, which could potentially bring the entire region into focus.
My own personal feeling is that this new region represents what the Slave province did in the early 90's. Only time will tell, but early indications should be available any day now. The best chances obviously lie with DDN and IME, but a discovery by either could be rewarding to any of the beaten up newcomers. That being said I personally feel DDN represents the best bang for the buck.