Just rumors. Have heard that someone or some who look at Northland even looking at us. But if it's true or not I do not know. For my part, it does not matter.
I will remain. I hope for partnership and not a sale of the entire deposit. I am in for a long term. If we have "strategic partner, with associated investment"., then it will be fun to see the course in 5 years.
I am convinced that iron ore prices will go up. Slowly but surely. Which all banks and research houses believe. China imported 18.5% more iron ore in March, compared with the previous month. And the world's steel production is increasing slowly but surely. I am in for a long-term.
Sorry to sound a dampner... those of us who have beenin this share for 5+ years have witnessed this a lot. People will cash in on the bounce, therefore dropping the price in a week's time or so when they sell up.
The only thing that will make this share rise, and then stay risen in the licence. The rest is simply speculation and cashing in.
Be patient. Wait for the green light. Still very undervalued stock, but will be until we get the go ahaead (then get bought out!).
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