RE:RE:3 billion , $10 share ???bcsilver said: "
They wont, its low grade and the numbers dont work at these metal prices (imo), Like Rick Ruke says 10 years out in the next mining cycle they might. Great leverage to metal prices if and when they ever get stronger if the numbers dont work they dont work dyodd Read more at https://www.stockhouse.com/companies/bullboard/t.ndm/northern-dynasty-minerals-ltd?postid=26244642#cpQE31KewwGHFpOG.99"
Big time misinformation (borrowed from the didgruntled environmentalists). Their baseline economic analysis in 2011 assumed long term gold at $1,000 oz and copper at $2.50 oz and fully supported a share price substantially above $10. Though the no. of shares has doubled since then, huge positives from owing 100% versus 50% of the property and not including the silver and moly in the baseline analysis more than compensates for this. Also, if you look at their rebuttal to the kerrisdale article, their grades are in the upper range of large operating insitu mines with large deposits. Could go on...there are numerous other factors that support this project as highly viable. Something they need to do in the near term is to update and build out their base case analysis based on reasonable 2017 assumptions.