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Bullboard - Stock Discussion Forum Northern Dynasty Minerals Ltd NAK


Primary Symbol: T.NDM

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

View:
Post by TELEMARKER on Oct 04, 2022 12:04pm

Excerpt

"If the EPA's revised Proposed Determination is enacted, then no permit application can be submitted, by anyone, to mine in the 309-square mile area which encompasses the Pebble deposit, basically turning the world's largest deposit of much needed copper, gold, silver, molybdenum and rhenium into yet another de facto park," said Ronald Thiessen, Northern Dynasty President and CEO. "Alaska doesn't need another park. It needs full-time jobs, improved living standards for its residents in southwestern Alaska, and tax revenues for the future benefit of its people. And the United States of America desperately needs a domestic supply of its own metal to successfully transition to a green economy. Further, this action by the EPA is in direct opposition to Alaska National Interest Lands Conservation Act ("ANILCA") and effectively sterilizes Native Village Corporations lands in the area as well. This action by the EPA is bad for Alaska, bad for the region and bad for the country as the Final Pebble Environmental Impact Statement concluded development of Pebble is not a choice between mining or fishing, rather it's a process which will allow Alaskans to benefit from both the mine and the fishery."
Comment by RealityCheck123 on Oct 05, 2022 1:51am
The stupidity of this company nevers ceases to amaze.  No demonstrated economics. 
Comment by GoldenIdle on Oct 05, 2022 11:48am
The EPA is out of control 
Comment by RealityCheck123 on Oct 05, 2022 11:11pm
https://www.eenews.net/articles/supreme-court-appears-to-back-epa-in-wotus-war/  
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