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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 tgelma15on Apr 29, 2006 5:45pm
281 Views
Post# 10766115

RE: Waiting for permits

RE: Waiting for permitsWith the type of tonnage we have here and the desire for Alaska to ramp up their economy - they can't afford towait 8-10 years before approving the project. Remember this project means: -additional jobs -additional infastructure -additional taxes -additional associated and support business' -oh did I mention additional taxes!! They will insist on strict environmental adhearance; strict penalties for non-compliance etc. But, they will approve the permits. Having said this - even if it takes 8-10 years for the permits, I can wait because there is very few investments which will probablyprovide a 12-15 times return on my investment!!!!!!!1
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