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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

Post by realitycheck111on Jan 08, 2018 8:56pm
217 Views
Post# 27309608

Spin 14-20 Years From 2027/2028 Production. Can’t Now.

Spin 14-20 Years From 2027/2028 Production. Can’t Now.NDM has submitted their mine plan and are seeking a 404 permit based from this mine plan.  Again, there was no reason for NDM to provide grade and total metals recovery for the 404 permit application.  Mined metals do not equal 100% processed recovery.  

Total tonnage as it relates to facility size, design, operation and closure will eventually be required. Grade and metal recovery is irrelevant at this point and is even more irrelevant since the resource is, still, pending feasibility (2019?) which should convert a portion of the the mine plan resource into a reserve. 

NDM’s 14-year, without low grade stockpile processing, mine plan is magnitudes less than any previously announced resource release. 

Nothing can change this for the time being for it would be contrary to the current mine plan submitted. If this a game NDM is trying to play they are worse off than originally identified. 
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