What if somehow, someone, wanted the SP of FNC to come down? What would be the best way of doing this? Drilling 4 holes on their border and coming up empty would certainly do this and it has. Is there some games being played by the powers that be? WhY? Who gains from FNC's price coming down? Noront would love to have FNC and PRB under their control. Lowering their SP may help to do this. I do not understand why PRB's market cap is lower than FNC's. They have done more work, management is more active. They have some interesting result with the MMI. Their land package is smaller but I do not thik it justifies the difference in MC. Just something to mull over while we wait for the next NR.
Glorieux
19 members recommend this.
Mr. Parisotto and Mr. Hamilton address the Noront investment community.
