More on LundinThe Lundin family may be viewing Canada as part of their longterm strategy. See the link:https://www.globenewswire.com/news-release/2018/10/10/1618955/0/en/International-Petroleum-Corp-to-Acquire-BlackPearl-Resources-Inc-in-Strategic-Business-Combination-of-High-Quality-Long-Life-Producing-Assets-and-Exciting-Organic-Growth-Opportunit.html
IPC (owned by the Lundin family) bought out BlackPearl around 3 years ago. I think they paid around 0.5 billion, I can't recall for sure. Perhaps Canada is part of their diversification strategy. They are based in Switzerland and are as secretive as possible, for a billionaire family, that is.
With the advent of electrical vehicles, perhaps they are needing to diversify more into minerals in Canada (they control Lundin Mining - a publicly traded company: https://www.lundinmining.com/about-us/board-of-directors/).
While WHN does not fit the profile of rare earth minerals company, it does represent an entry into the Canadian mining space.
I have one problem with a Lundin based buy-out - they are notoriously cheap! The good news is, if the Lundins are interested, you can be sure there is something valuable in the ground. The bad news is, again, the Lundins are very cheap. We need a bidding war for a buy out, if this is the way things are going.
glta