RE:RE:Northern Dynasty Minerals TURNOVER WEEK ENDED 19/5/17 ADVICE These weekly posts with a total for turnover, are they from a blog or a web page, or written by nevcon?
These weekly posts are entirely my own work and are devoted to those that are hurting from the dishonesty that pervades america and are victims of that dishonesty for example the E P A under the obama regime could not have been more dishonst even if they tried!!!
"Between the two exchanges they have scooped over $92 MILLION" Why/how do the exchanges scoop 92 million if 920 million shares trade?
The above clearly shows me you have no idea on the workings of bourses around the world.
They ,the conveners of the stock exchangers around the world charge what is called a TURNOVER SUB this is levied on the number shares which are traded through their respective institutions ...It is clearly money for jam. HOPE THAT ANSWERS THE ABOVE
"Peter Grandich valued this company at $77 about 8+/- years ago ,nothing has changed to suggest that this valuation isn't still valid." Not valid, never was valid, he does not have the qualifications to make those types of statements. No mining education, and did not actually finish high school. Yes there have been changes, a somewaht smaller operation, with several more safeguards, etc. I think it will be very positive on the economics, but not to the extent that some seem to estimate.
Clearly the above is a direct assault on the integrity of Mr grandich which I find abhorrent in the extreme.Mr Grandich is perfectly at liberty to extrapolate figures given to the public and YES using a common or garden lousy calculator pump in those numbers ,then take what is the given eg the grades and at what stage proven or probable stc..There is a valuation set out by the industry for those valuations and Mr grandich can come up with some pretty fair results pumped out by his calculator,
I really don't want to dwell on this subject as I assume that there are fair proportion of readers of the blog on Stockhouse that would alredy know this which again you clearly demonstrate to all of us that you don't.
In conclusion mr grandich did those calculations when the Gold Price higher than it is today as were the other commodities such Silver ,Moly etc and the number of shares was significantly lower than it is today which was under 100 million.
And as for Mr Grandich's qualifications ,I don't think that obstructs him from doing this or any other exercise like this ...yet we had a lowlife Sahm Andrangi who came with the most preposterous claims claims and you PATHS were nowhere to be seen with comment on his lies,so this I am afraid puts your crediblity in doubt.
I have also noted the number posts you have made ,which tells me that you are vexatious nit picker