RE:RE:RE:“There is no known ore at the Pebble Project...You wrote “There is no known ore at the Pebble Project and there is no assurance that the mineralization at the Pebble Project will ever be classified as ore.” But that is not what the report you cited really stated, which was:
Pebble's annual profits will allow an estimated annual revenue to the Lake & Peninsula Borough of $19-21 million per year. Estimated annual state revenue would be $49-66 million per year and estimated total job creation for Alaskans would be 1,500-2,000.
Forward-Looking Information and other Cautionary Factors
(As required by law, and all mining companies that do not yet have a producing mine are required to say):
Assumptions used by the Company to develop forward-looking statements include the following: the Pebble Project will obtain all required environmental and other permits and all land use and other licenses, studies, and development of the Pebble Project will continue to be positive, and no geological or technical problems will occur. The likelihood of future mining at the Pebble Project is subject to a large number of risks and will require achievement of a number of technical, economic, and legal objectives, including obtaining necessary mining and construction permits, approvals, licenses, and title on a timely basis and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, the final outcome of any litigation, completion of pre-feasibility and final feasibility studies, preparation of all necessary engineering for surface or underground mining and processing facilities as well as receipt of significant additional financing to fund these objectives as well as funding mine construction. Such funding may not be available to the Company on acceptable terms or on any terms at all. There is no known ore at the Pebble Project and there is no assurance that the mineralization at the Pebble Project will ever be classified as ore. The need for compliance with extensive environmental and socio-economic rules and practices and the requirement for the Company to obtain government permitting can cause a delay or even abandonment of a mineral project
The definition of fake news is to cherry-pick information while leaving out relevant information.
You also did not include a separate report:
The following report produced by 3rd party certified independent geology firm
Pebble resource:
Gold 106.37 million ounces
Copper 81.46 billion pounds
Silver 515.00 million ounces
Molybdenum 5.64 billion pounds
These resource estimates have been prepared in accordance with NI 43-101 and the CIM Definition Standards. Inferred Mineral Resources are considered to be too speculative to allow the application of technical and economic parameters to support mine planning and evaluation of the economic viability of the project.
Northern Dynasty Minerals Ltd. 2018 Technical Report on the Pebble Project, Southwest Alaska
Issue date February 22, 2018
Qualified Persons J. David Gaunt, PGeo. James Lang, PGeo. Eric Titley, PGeo. Ting Lu, PEng. Stephen Hodgson, PEng.
“There is no known ore at the Pebble Project and there is no assurance that the mineralization at the Pebble Project will ever be classified as ore.”