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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

Post by AltaRounderon Feb 24, 2017 2:36pm
253 Views
Post# 25890712

Need Partner (s) or not going anywhere.

Need Partner (s) or not going anywhere.True test will be finding a Partner with the gumption to ponie up hundreds of millions to get thru the State of Alaska permitting process. ( 60 plus permits + risk). Plus 1 EPA permit. I think they can do this but it will cost NDM more than 50% this time imo. Unfortunately, I get the sense this stock will continue to drift lower until it finds better support. I'm no expert in mining but this is a marathon- not a sprint. GLTA
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