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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 SeattleOptimiston Feb 24, 2017 11:32pm
285 Views
Post# 25892535

Removing my NAK shares from the shorters hands

Removing my NAK shares from the shorters handsMy Scottrade Broker allowed me to journal my shares from my margin account to my regular account.  He tells me shares in the non-margin account can not be loaned to the shorters.  Maybe this is an answer for some of you.  NAK is not marginalble at this price in any case so transferring the shares should have no effect on your margin balance.  Also if both accounts are regerster in the same manner there should be no tax effect.  Just a journal entry that only takes a moment and then the shares show up in the non-marginal account. 

I plan to ride this out and see what the future brings.  "The Future Belongs to the Optimist"

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