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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 TedOwenson Dec 20, 2013 9:23pm
200 Views
Post# 22029243

RE:FYI

RE:FYIOwning pebble 100% by a company that cannot develop it on its own is akin to owning an elephant which would cannot afford to house or feed at levels which are sustainable before the kitty goes dry.......... Thiesen and his script writers are attempting to portray the departure of Anglo in a way in which all is depicted as a policy issue on pre-development economics and while this may be true, there is little in the way of it being a strong supportive construct for Anglos departure rational........... As the saying goes, "how do you eat an elephant"........simple.......one fork full at a time......... At this point in time, NDM is not investment grade unless your looking to cash in past 2020.
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