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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 GorgeousGeorge1on Nov 14, 2017 2:54pm
123 Views
Post# 26961794

RE:RE:RE:Economics.

RE:RE:RE:Economics. You wrote - "Why would they release a new mine plan if there is no supporting feasibility?" agreed, that's exactly my point. They have released a new mine plan, one that is now open for public scrutiny. You seem to think that because a feasibility study has not been released to the public, that they are guestimating that it 'should' be profitable. The company will have done EXTENSIVE due diligence both internally and with prospective partners, who in turn would have conducted their own dd. The reason for not releasing anything to the public just yet - with the opposition they face presently, you can bet that dd is of a mine a lot bigger than the one they're going to initially permit, but of course they can't say that can they. Anyway, at this stage it's fairly irrelevant, the value of the jv is our nearest indicator of value. Feasibility studies will come into play once permit applications have been filed.
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