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

Post by stitch1956on Apr 10, 2019 9:08pm

364 Views

Post# 29610377

Does anybody understand this

I am totally perplexed by this stock.

A little over two years ago they did a financing at 1.85 USD.

Since then they have had nothing but good news:

Epa backs off, trump gets elected, salmon plebecite fails, supportive republican governor gets elected, natives agree to provide access and the DEIS is positive.

Yet the last PP is at .64 USD and the stock is trading at .60 after minimal dilution.

If people bought 15 mil at .64 why not buy 10% lower?

And who is selling? Anybody that was buried on the stock could have sold out at a buck or more.

I'm not one for conspiracy theories, but this just does not add up.

I don't get the short argument either, why would you be shorting at lower than the PP?

Any ideas?

Bullboard Posts

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