RE:NDM Buy Sell or HoldDo you mind elaborating on your post? or posting links for further DD
WontYaBeMine wrote:
None of the comments I have read discuss fundamentals. You are ALL speculating on speculation. In this climate I may as well throw in my own assumptions. I am assuming that all of you have your eye on the elections and believe it has something to do with the outcome of the outcome of whether the Pebble will get the green light or not. I am also assuming that none of you believe that mining the public through the tax payer is not a positive outcome for NDM. And I am assuming that none of you know why NDM made a deal for Mission Gold.
Once it is proven the EPA did not follow procedure it will force the Alaskan government to discuss a buy out. There cannot be a value placed on the fisheries industry as it is, in theory, a resource that will not expire unless by an Act of God. The only choice the Alaskan government has is to pay annnual compensation through general fund unrestricted revenue (GFUR), based on 500 thousand barrels per day and an average price of oil remaining between $30 and $40 per barrel for the next 15 months, that is now forecast to be $1.3 billion in fiscal year FY2016 and $1.2 billion in FY2017.
Mission Gold held a major asset in Paraguay, the largest undeveloped Titanium deposit in the World - Alto Parana. NDM was supposed to sell the rights gained to this project after the deal but I have not read this in any subsequent news release.
I believe NDM will essentially have a revenue stream based on Alaskan oil and a World class titanium depsit to focus on.