RE:RE:RE:RE:Lundin acquires Josemaria DB: WRN sale proceeds following Rio buyin earlier this year were invested in NCX from .30 down to .17. Was a WRN spinout in 2011.
" With the completion of the plan of arrangement on October 17, 2011, the Island Copper-Gold Project and $2.5 million were transferred from Western Copper Corporation to Northisle."
I like the location, new team (2020) and most important, valuation. I see BC EAO shorter than Yukon. Proximity to Asian smelters.
Market cap now is $46 mill with $8 mill cash, enough to do drilling, indigenous and the PFS (Fall 2022). Slow burn rate and great balance in management and Board.
I see takeout value of + $200 mill. 5 bagger. Exploration news forthcoming.