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Northern Dynasty Minerals Ltd T.NDM

Alternate Symbol(s):  NAK

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, including the Pebble deposit, located about 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project. The deposit lies entirely within the Lake and Peninsula Borough, approximately 23,782 square miles of land. The deposit is a Copper-Gold-Molybdenum-Silver-Rhenium project. Its subsidiaries include 3537137 Canada Inc., Northern Dynasty Partnership, U5 Resources Inc., Pebble West Claims Corporation, and others.


TSX:NDM - Post by User

Comment by vicsmith3on Sep 06, 2007 3:12pm
219 Views
Post# 13352286

RE: Todays Trading On NDM -

RE: Todays Trading On NDM -NDM has a large institutional following and with the redemptions coming for resource funds you have to sell whats liquid to pay for the dogs you can`t sell. Hence NDM`s percieved weakness. Also theres not much mystery left in the NDM story other than how Anglo will fufill its commitments under such a tight schedule. I figure they will default or need an extension in which NDM will grind them. vic smith at $vics on stockhouse bullboards
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