The company behind New Brunswick's proposed Sisson Mine has watched its stock price soar and then partially crash over three days as investors try to work out if anything major actually happened after a week of speculation and announcements about the project.

Andrew Ing, the president of Northcliff Resources Ltd., said in a statement Thursday that he was "excited" the company's long-stalled mine has been referred to the federal government's Major Projects Office for evaluation and help.

But he noted "a construction decision" on Sisson has still not been made.

Earlier this week, word began leaking out that the proposed tungsten and molybdenum mine near Stanley, north of Fredericton, might be on a federal government list of national projects to be prioritized and fast-tracked. WATCH |

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