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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 stargazer1on Nov 05, 2019 9:20am
306 Views
Post# 30309586

No buyout, but Nov $3 calls have been doubling daily

No buyout, but Nov $3 calls have been doubling daily
I did a total completely moronic, I can't even call it a mistake, it was so out of the ball game. At least it was in the middle of the night and so hopefully people weren't affected by it.
 
The only thing I can say in my defense is that I knew that Northern Dynasty's claim contains ten times or more ore than what is listed, and so I thought that that outrageous price might actually be possible.
 
Well, we are starting the day with 18,323 Nov $3 calls having been traded. Just a week ago, only 2,000 had been traded in the last 3 months. The number of Nov $3 calls have been doubling daily. 2,000 -> 4,000 -> 8,000 -> 18,000 (more than doubled)
 
Something is going on. Maybe, in the next two weeks, we will be able to say, "Wow, would you look at NAK's price."
 
I am still red in the face.

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