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Bullboard - Stock Discussion Forum 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... see more

TSX:NDM - Post Discussion

View:
Post by cheerio7 on Feb 12, 2021 2:14am

For Newbies

something to chew on fundamentals wise (if it even matters these days LOL you be the judge)

NAK estimated resources (combo of Measured and Indicated along with the Inferred included)

81.5 Billion lbs Copper, 106.4 Million ozs Gold, 5.64 Billion lbs Molybdenum, 515 Million ozs Silver, and 4.2 Million lbs of Rhenium.

Cu= $3.77; Au= $1820; Mo= $11.80; Ag= $27.02; Re= $2500*

Therefore...$307 Billion in Cu; $193.6 Billion in Au; $66.5 Billion in Mo; $13.9 Billion in Ag and

10.5 Billion in Re.

Grand Total: $591.5 Billion in situ value.

*Tough to price rhenium and so is a estimation of the price in 2020 by peguys.com. They suggest less than $2800 so I went with $2500. Interestingly only 40 tons of this stuff gets mined per annum so price tends to be quite choppy understandably. This site estimates that this rare earth will hit 5 figures (no mention as to timing though).

Also important to consider that there is still a large untapped area on the prospective mine adjacent geological trend (100% owned by NAK). see image at page bottom here  
https://www.northerndynastyminerals.com/pebble-project/geology-and-exploration/

Let's Stay healthy and with lady luck become wealthy fellow Nakkers

Peace out

Disclosure:

This is all just straight data from various web sources married with NAK's published Resource Estimates and does not attempt to factor in all the development costs, the % recovery rates, operating costs, partnership involvement, taxes borne by the operation, depreciation blah blah blah or etc. which will no doubt chew up a fair chunk of that Grand Total (which is coincidently more than twice as big as what Biden & gang will be doling out to every eligible individual in the US if the proposed 1.9T stimulus bill passes.) using 150mm for eligibles

Comment by Pinegrove1 on Feb 12, 2021 2:15pm
That's an awful lot of resource that will most likely be left right where it is. Check out WRN. It has a $hit ton of the same metals however comes with the ability to permit it and actually mine it. Can't understand why NAK jumped this week just because an application was submitted. Not surprised it fell back. This thing will bounce for years. Lots of fun for day traders and short sellers. ...more  
Comment by cheerio7 on Feb 12, 2021 4:48pm
sure wrn is a good one but a lot smaller (showing only 11 B lbs of copper and only 21 MM oz gold with grades lower), is only in the pea stage which means a final feasibility is still a long way off and then you get to ponder the long period of permitting. NAK is on the cusp of getting a verdict that will most certainly if positive send it to the construction stage given that Alaska is on board ...more  
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