RE: RE: 49 North Resources Inc Acquires Interest i49 North is a company which invests in Saskatchewan-based developments and is headed up by Tom McNeill. KEX holds coal and zinc exploration properties in Saskatchewan so I would think that Mr. McNeill thinks the coal and/or zinc properties are good ones.
I can't see anything bad about this move for us. It shows that the other plays held by KEX which haven't been discussed often or recently seem to have garnered the interest of 49 North.