Northern Dynasty Minerals Ltd (NAK)

[joe the dirt]

If Mitsubishi did sell, this might provide some rationale for doing so:

"MC and TEPCO Join Forces in Management of Thai IPP
On February 23, Mitsubishi Corporation (MC) and The Tokyo Electric Power Co., Inc. (TEPCO) today agreed to a partnership in managing Electricity Generating Public Company Limited (EGCO), one of the largest Independent Power Producer (IPP) holding companies in Thailand. The joint operations of TEPCO and MC will be handled by the latter’s wholly-owned subsidiary TEPDIA Generating B.V. (TEPDIA).

MC currently owns 11.21% (59,011,803 shares) of EGCO through its joint venture with CLP Holdings, Ltd. (CLP), Hong Kong’s largest electric utilities company. Through TEPDIA, MC has agreed to acquire CLP’s indirect interest in EGCO, amounting to an additional 13.36% (70,354,375 shares worth approximately 23 billion JPY). At the same time, TEPCO will purchase 50% of TEPDIA’s shares, and assume equity interest in this partnership of approximately 21 billion JPY."

That's going to cost them about 281,336,000 USD at today's exchage rate. Maybe they are free up some cash.

Their 9,254,365 Northern Dynasty shares at $18 avg. sell price would yield them 166,578,570 USD of it. Makes sense to me.