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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 Jan 24, 2011 8:01pm
421 Views
Post# 18020035

RE: RE: RE: RE: Holding

RE: RE: RE: RE: Holding
Thanks ValuePro, your response is much better than what I could have written.

I do not doubt that this will one day be one of the top 3 copper gold producing mines in the world.

I truly believe this, my point is "one day".

NDM's valuation, keeping in mind the many known hurdles that have to be surpassed, is "too much too soon" - and that's why I am waiting for $13-$14 again. There are many years to go. There are many situations to over-
 come yet and probably many situations we don't even know about today.

The one major concern that I have right now is delays.
If this gets dragged out long enough, we may miss or just catch the tail end of this minerals super cycle.

There are so many projects which have a shorter timeliness to production than NDM's that the copper shortage may be greatly alleviated by the time we get all necessary permits and approvals to build the mine and actually start selling product to the marketplace. 

Tgelma

P.S.
Sorry I said that I would not post until I am back in again but I felt that I had to respond.
I will continue to read this BB and follow NDM in the hopes that I am correct and can get back in at a                      reasonably buy in.  
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