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Bullboard - Stock Discussion Forum Northern Dynasty Minerals Ltd NAK


Primary Symbol: T.NDM

Metals & Mining Industrial Metals & Minerals
Northern Dynasty Minerals Ltd. is a Canada-based mineral exploration and development company based in Vancouver. The Company’s principal business activity is the exploration of mineral properties. The Company’s principal asset, owned through its wholly owned subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of about 1,840 mineral claims in Southwest Alaska... see more

TSX:NDM - Post Discussion

Northern Dynasty Minerals Ltd > No reserve established. Why?
View:
Post by RealityCheck123 on Jul 28, 2022 1:04am

No reserve established. Why?

https://www.sec.gov/Archives/edgar/data/1164771/000106299322013102/exhibit99-2.htm

“The 2021 PEA is preliminary in nature, and includes Inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no assurance that the 2021 PEA will be realized. Mineral Resources that are not mineral reserves do not have demonstrated economic viability, and there is no assurance that the Pebble Project mineral resources will ever be upgraded to reserves.”

Comment by harleyonvacatio on Jul 28, 2022 1:33am
This post has been removed in accordance with Community Policy
Comment by RealityCheck123 on Jul 28, 2022 11:28am
Being stuck in the mud after 20-years and over $1 billion spend with no demonstrated reserve economics released?  Call Mr. Muddy. Who is the royalty investor? why wouldn't the proponent use the new financing to complete a Preliminary or Final Feasibility Study?
Comment by harleyonvacatio on Jul 28, 2022 4:14pm
This post has been removed in accordance with Community Policy
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