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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

Post by Luggieon Dec 31, 2013 3:02pm
250 Views
Post# 22049591

Rio Tinto

Rio Tinto
Hi Nevcon - I sure didn't understand the gobledygook of your last post, but I can assure you that Rio is not interested in selling its residual interest (19%) of NAK/NDM shares at the current valuation of maybe $25 million. They will take a long view on the investment until the nonsense of the current administration is in the rear view mirror. Happy Trading
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