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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 Energybuyeron Dec 13, 2017 5:14pm
134 Views
Post# 27151146

RE:RE:RE:RE:RE:RE:Timing of Mark Hamilton's editorial piece

RE:RE:RE:RE:RE:RE:Timing of Mark Hamilton's editorial pieceInteresting points, I agree with what you say and it is a massve possibility, but one other plausible scenario, and I am most likely to be called a soft basher or shorter for (which i'm not) suggesting it is that Pebble still isn't trusted as a 100% safe bet by companies. Pebble has a troubled past, no one can argue that, and although it is in a politically safe jurisdiction, there are still a lot of hurdles that need to be crossed before it can be mined. This may be putting fear into companies hearts as they are worried that dropping another huge amount of money may just lead to the project falling at another hurdle. This is the pessimistic scenario, but one that should not be shrugged off as impossible, mining companies are very savvy nowadays, and care about every penny they spend, and if they think it is risky, they sure as hell won't bite.

Too many of the big boys have bad memories of previous deals gone sour. 
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