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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 vinoconundrumon Dec 29, 2008 11:53am
1185 Views
Post# 15669625

Great time to build

Great time to buildThis is the time that a project like Pebble should be building.
Money is cheap.
Trades, engineers and skilled labor are available.
Equipment is available at a reasonable cost.
Governments need to provide employment and establish a tax base.
Environmental permitting is more attainable because the nut bags are held in check by the logical thinkers that know mines can coexist and contribulte to the area being developed.
Commodity prices will come back about the time the mine is ready for production. Case in point is Antamina. $2.3B project that hit the markets perfectly but was often considered foolish during its engineering and construction.

The owners of this project are well aware of all these points and then some. This stock is a no brainer at the present price.
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