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

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Northern Dynasty Minerals Ltd > Open Pit or Underground. Not economic.

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Post by RealityCheck123 on Feb 19, 2023 10:59am

Open Pit or Underground. Not economic.

It's not economic to develop. If it was economic a Feasibity Study would have released proven/probable mineral reserves based on the submitted mine plan. The only way it mght be economic is by mining the entire low-grade resource by underground methods only.

That simple.

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Comment by RealityCheck123 on Feb 20, 2023 1:35am

Another meaningless Preliminary Economic Assessment will not, and does not, demonstrate economically extractable proven/probable reserves derived from a compliant Feasibility Study. The Pebble deposit's current value is $0.

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