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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 Ohnoohnoohnoon Jan 11, 2017 8:36pm
209 Views
Post# 25697103

RE:RE:Maybe I am wrong but this Funding looks absolutely terrible

RE:RE:Maybe I am wrong but this Funding looks absolutely terribleOn video at a conference the CEO stated that if the EPA Veto is removed they are already in talks with some Major Companies who are interested in partnering. Given the size of the mine and the EPA backing off, I have no doubt partnering would be difficult given that they had partners before. My issue is the time is terrible. Given the new EPA adminstration it seemed very likely the veto will be removed and the share price will skyrocket. They would be in a much better position to dilute shares then because less dilution will occur due to higher share price.  Also from what I can recall they locked in the money required to go through with the lawsuit so on that front it shouldn't cost extra for the veto to be removed. 
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