Northern Dynasty Minerals Ltd T.NDM

Grades at producing Oyu Tolgoi Mine

[cheerio7]

Run by Rio Tinto in Mongolia, it began with open pit Measured and Indicated resources of 95 million tonnes of Cu .35 %, Au .31 g/t, Ag 1.2 g/t along with Inferred resources of 320 million tonnes of Cu .29%, Au .17 g/t, and Ag 1.0 g/t.

Some may remember it as Turquoise Hill discovered by Ivanhoe Mines as in Robert Friedland.

[RealityCheck123]

Has nothing to do with Pebble's 0.57% - 0.7% COPPER EQUIVALENT or CAPEX, operating and closure/maintenance cost, not to mention ~$18 million a year in water treatment in perpetuity. Where is the Feasibility Study? Anglo prepared a Feasibility Study (at a resonable level of accuracy) in-house and they walked. ?

[cheerio7]

Pebble has open pit Measured and Indicated resources of 6,439 million tonnes of Cu .40 %, Au .34 g/t, Mo 240 ppm, and Ag 1.66 g/t along with inferred resources of 4,460 million tonnes of Cu .25%, Au .26 g/t, Mo 222 ppm, and Ag 1.19 g/t. A lot of cheddar on the table here just growing in value over time. 

[RealityCheck123]

Overall grade of Pebble is ~0.57 - 0.7% (depending on which section of the deposit) expressed as COPPER EQUIVALENT which is ALL metals combined expressed as a percent.  *None of this means anything until a Feasibility Study releases proven/probable RESERVES. Some larger older operating mines can economically mine similar grade/percent because most, if not all, of their CAPEX is paid

[cheerio7]

Copper equivalent is a marketing term. The truth is the individual metals and their corresponding grades. That is the actual basis for the future stream of cash flows; not copper equivalent. The cheddar is the incentive to get the necessary Feasibility studies done and ensuing CAPEX to build out the operation for production.   "Pebble is low grade, large tonnage, but all inclusive