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 Shaolong78on Dec 18, 2017 11:09pm

168 Views

Post# 27184084

RE:Barriers to deal entry are falling:Bidding war highly likely

Can NDM back out of this deal with FM.TO for a better deal? I have read that FM has the option to back out but have not read anything about NAK having an option to back out as well.

ChinaMiningBad wrote: 1. First mover took the anti-Pebble heat w/ stable SP.
2. 35% to 21% corp tax rate set to pass in a stable juristiction w/ fast track permitting.
3. Dec permit submission is a reality & no longer leverage.
4. 1st offer is easily beatable & secures major Cu/Au resource in advance of growing supply deficit.

In my view, no way the other majors will walk from Pebble without a fight after investing significant time/effort and knowing the above & more.