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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 tanninon May 30, 2021 8:35pm
89 Views
Post# 33294688

RE:RE:RE:RE:RE:Pebble will NOT pollute the environment

RE:RE:RE:RE:RE:Pebble will NOT pollute the environmentAgain, thx stargazer for a thoughtful response. To be clear, its not that all big mines pollute, it's that all mines, of any size, pollute....nature of the beast. Way less pollution now than earlier, but is a reality nonetheless. What do you think tailings ponds contain ? Not drinkable fluids i assure you. The sides of tailing ponds collapse ( no, they shouldn't...we're always assured it can't happen....but it does ), and/or the bottom of pond is guaranteed to be impervious, either because they've lined it/or otherwise handled, and, many years later, oops, guess liquid from tailing pond seeped ( somehow) into groundwater..........how did that happen ?
It is possible to minimize the pollution, though costly, so costly it's still a hard sell for those in the biz of liquid pollution abatement.
So, because mining causes pollution, and because we must mine, makes sense to keep mines away from the more fragile, valuable or otherwise important environments ( think salmon spawning grounds) ......thus no Pebble, not at least for many years. A lottery ticket for the future, sure, why not....but not an investment with a return in a reasonable time frame. For that, I'd suggest SBB for example, or OSK, BTR, SKE or a dozen others.
Anyway, we all play it as we see it.....and you seem to do a lot of good research...do look at SBB, another arctic play, undervalued imo, starts with high grade open pit, goes to high grade underground...think payback is 1 1/2 years or something...fully permitted.....negotiating final financing ( to production ) etc. Cheers.
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