Thanks for the insight Sieg.
Likely, during PDAC, this was all evluated. And, then the selling.
Management are Hunter Dickinson folks... Mineral Development Professionals...
Associated with numerous mining companies. Maybe backroom stuff going on.
Anyways...
From the Feb 25 PR... "Board of Directors has approved program expenditures up to $72.9 million at the Pebble Project in 2010, with the goals of working towards finalizing a Prefeasibility Study (PFS) and preparing the Pebble Project for permitting in 2011."
See the Feb 25 PR here: http://www.northerndynastyminerals.com/ndm/NewsReleases.asp?ReportID=386596&_Type=News-Releases&_Title=Pebble-Limited-Partnership-Initiates-US-73-Million-Work-Program-for-2010
Another one of those wait for news plays.