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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 hotfootinon Feb 16, 2017 5:07pm
305 Views
Post# 25857866

RE:Fighting against a stacked deck...

RE:Fighting against a stacked deck...Margin works both ways. I imagine short positions are made with a certain amount of borrowed money too. NDM went very far very fast. There is monumental possability here, but to quadruple your investment from here may take a couple years. The quick risky buck is what short campainers count on shaking out. The exciting thing remains that shorting is also risky to the shorters. As greed snowballs into euphoric shorting and a plethora of unfounded "news" articles the risk balance begins to favor holders. The best way to alter the formula the shorters work with is to deny your shares to them. See "Join the squeeze campaign". The risk of volatility is high as both sides have support and plenty of ammo comming to the front in the next month. Don't buy on margin. Buy small amounts on sharp dips like this. Watch the short position trend for reversal on rising price and join the squeeze.
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