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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 pathson Apr 06, 2021 9:06pm
139 Views
Post# 32946828

RE:RE:RE:NI Reserve vs SEC Guide 7 (NI “Reserve” is acceptable)

RE:RE:RE:NI Reserve vs SEC Guide 7 (NI “Reserve” is acceptable)They would have done that several times by now, however, lawyers would prevent them from releasing it, for all the reasons we already discussed. An older version has been done already, 2014 Rio Tinto, it takes some time to find, I should have bookmarked it. It may be easier to find by searching for words that would be in the text. Nak would not be the operator so any feasibility study they did would be tossed into the recycle bin, and redone by the operator, so it's not correct for NAK to start deciding how things would be done and define costs that could affect the actual operator, when it's going to be outside of their responsibility. Also it factors into the future lawsuits that would occur if the mine is denied.

I did my own feasibility calculations, open pit then underground, extended out to 20, 40, 60, 100, then180 years. I have not posted it yet, it was a half day+ of work.
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