Ann: Change in substantial holding from MIN, page-119

My point is exactly that - MIN has multiple projects.

NWE has one, that is looking very very good right now.

If NWE goes up 400%, MIN will probably go up less than 100% based on the same result for NWE.

Yep, NWE can go to zero, but I think we both know that is very unlikely.
I am taking into account risk, that is what you don't understand.
Everyone in NWE is taking into account the risk involved.
There is now substantially less risk than there was six months ago, let alone years ago when many people bought their shares.

If I lose a couple of hundred grand I will live with it simply because there is a much greater chance of success than failure.
Very happy to stay with NWE and see what happens than regret selling a month or two before drilling and 3D.