Gold Silver Uptrend Adds to NDM Valuation Considering that USD is crashing and not many countries are in favour of accepting USD in trade etc (BRICS) ..... it has put a tremendous amount of pressure on the US and inversely has kicked up the Gold and Silver prices higher after decades of suppressed values .... When the chains are removed from the supression on Gold and Silver by the banks who hold a huge portion of paper ETF's on Gold & Silver, Comex as well (all Worthless fiat paper) this will release Gold andSilver to heights unseen - take it or leave depending on where your critical thinking is or none had !
Remember Gold will Destroy the FED if hasn't already - first time FED loss of over $80 B and one can assume it will be higher after all said and done.
The only conclusion one can have today is that the real intrinisic value of NDM since the start of 2024 is up more than a Billion and will gain eyes on it as did the latest investor who did the following: December 21, 2023 Vancouver – Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) ("Northern Dynasty" or the "Company") announces, further to its December 11, 2023 release, it has closed the convertible notes and non-brokered private placement offerings.
Per the terms of the Agreement Kopernik Global Investors, LLC on behalf of its clients, has purchased convertible notes (the “Notes”) having an aggregate principal amount of US$15,000,000 (the “Convertible Notes Offering”).
The Company also issued and sold by non-brokered private placement of 8,555,000 units of the Company (the “Units”), at a price of CAD$0.40 per Unit, for aggregate gross proceeds of CAD$3,422,000 (the “Unit Offering”).
GOLD $2,296.60 (USD) - Cdn$ $3,107.00
SILVER $27.00 (USD) - Cdn $$36.55 Apr. 3, 2024 The latest resource estimate of Pebble stands at 5.94 billion tonnes (bt) of measured and indicated resources and 4.84bt of inferred resources.
The Pebble deposit is now estimated to contain 2.6 million kilograms of rhenium, 57 billion pounds of copper, 71Moz of gold, 3.4 billion pounds of molybdenum, as well as 345Moz of silver.
GLTA and to the (R)eal (C)hild who plays repetative board games alot