TSX:NDM - Post Discussion
Post by
RealityCheck123 on Nov 18, 2024 12:31pm
It’s uneconomic.
https://alaskapublic.org/2022/10/28/backers-of-pebble-mine-tried-to-trick-regulators-says-new-report/ The proponent has spent 22-years, >$1 billion and submitted a mine plan to the USACE. They have yet to prove the RESOURCE to be economic to develop by preparing an SEC compliant Preliminary/Final Feasibility Study releasing economic RESERVES.
They have drilled the near surface resource more than adequately to complete a feasibility study.
Ask the proponent why a feasibility study has not been completed releasing RESERVES per the existing mine plan. SEC allows “modifying factors”.
Do you want to know why they haven’t?
Read "Subject" above.
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