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 Risk_Assess999on Jul 15, 2017 5:17pm

144 Views

Post# 26473241

RE:RE:RE:RE:It's become increasingly difficult for this consortium

paths wrote: The company statement seems the start of a strategy, anywhere in the 1.25us or below would have been a target for shorts wanting to cover, but as soon as it got close, the company statement announced this as a problem and focused attention on the issue. Exactly the opposite of what short sellers would have wanted.

Yes ... I believe you are generally correct ... I do have to give some credit to NDM ... but more credit to JohnL2.

Even though the current days-to-cover-ratio is only pegged at aprox. 8.6; in reality, any real buying activity will reduce avail cheap floating shares and push the days to cover up significantly, imo.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario