Northern Dynasty Minerals Ltd T.NDM

Alternate Symbol(s): NAK

Metals & Mining Industrial Metals & Minerals

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

Northern Dynasty Minerals Ltd

Bullboard Posts

Comment by Aruson Jan 25, 2017 1:53pm

249 Views

Post# 25753969

RE:RE:Just bought calls for 5 dollars in NAK expiring in March

By buying March $5 calls you are buying the right to purchase NAK shares for $5 at any point between now and March.

So therefore, if the price of NAK goes to $5.20, he could consider himself in the money.

In saying that, if NAK was worth $5.20 tomorrow....his calls would likely be worth about $0.55 (given that $3 March calls are worth $0.55 right now) so he would have just about a 3 bagger.

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