Northern Dynasty Minerals Ltd T.NDM

No Proven/Probable “Ore Reserve” Classification?

[RealityCheck123]

Why?

[paths]

NAK is a Canadian company and so is required to comply with the CIM classification guidelines which specify that the term "ore reseve" cannot be used. The term "mineral reserve" can be used, but only if it is known to be economically mineable, after dilution and other losses. This has to be supported with at least a PFS study. The problem is that these steps are tied in with

[RealityCheck123]

Who are the "we" you are referring?  Lets hope its not the proponent/applicant.  That would be troubling.   My previous post identified +/-10% accuracy, not to within "10% accuracy".  Significant difference.  Yes, a PFS meeting legal requirements, in order to determine proven/probable reserve/ore identifying viable economic development, is needed

[paths]

The "we" is anyone following stocks online, who can see all of the nonsensical law suits being attempted. I am assuming that is why a PFS is not available through the company. The company has done their own, and one person from management has said that it can be done on the back of an envelope by anyone familiiar with the costs.  No feasibility study comes with any sort of