IMO, due to an obvious lack of research, people might be confused in the fact that PDY is not the sole tenement holder in the Mid West.
Until you understand the fact there are many iron ore hopefuls in the region, then confusion is unlikely to go away, IMO.
Also bear in mind, and despite the ill-founded negative sentiment towards magnetite, the Chinese actually want more magnetite product.
If you do some genuine research into this, you will discover all of this. And genuine research, IMHO, does not include HC as a sole source of information.
PDY Price at posting:
0.5¢ Sentiment: None Disclosure: Held