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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 Shaolong78on Mar 10, 2017 11:55am
275 Views
Post# 25963813

RE:Northern Dynasty: Reverse Engineering The Panic

RE:Northern Dynasty: Reverse Engineering The PanicMakes sense...but what I don't understand is, who are still selling to drive the price from 1.50-1.60 to where we are now? If they didn't sell before being down 50% from the highs, why sell after? Only thing I can think of is that they were waiting for Pruitt confirmation and a quick resolution to the veto for a bounce back up. Once that didn't materilize, they lost patience and sold?
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