RE: News out but no reaction- what givesI'm not sweating it. I owned Baffinland Iron Mines for quite a while and their driling kept proving up incredible volumes of high-grade iron, which usually barely budged the s/p.
Like BIM, Selwyn has lots of shares outstanding.
Mary River, Baffinland's huge play, is in an even more remote northern location, much more remote. And it got bought out because it is an incredible resource.
SWN is going to be mined from the Yukon side of the border, so it's regulatory challenges won't be as daunting as on the NWT side.
The Chinese are going to provide much of the financing.
Time will be on our side.