TSX:NDM - Post Discussion
Post by
RealityCheck123 on Dec 28, 2024 7:06pm
Think if the current mine plan was demonstrated economic.
https://www.federalregister.gov/documents/2023/02/03/2023-02287/final-determination-to-prohibit-the-specification-of-and-restrict-the-use-for-specification-of
https://www.govinfo.gov/content/pkg/CHRG-116hhrg41942/pdf/CHRG-116hhrg41942.pdf Your frustration over shareholder value should be directed at the proponent. They have already paid millions from shareholder class-action suits for an agency submitted incorrect mine plan.
No Feasibility Study per the existing mine plan releasing proven/probable economic mineral RESERVES. The current mine plan is uneconomic. Get a real miner, prepare a new mine plan which is economic, submit a new USACE 404 permit application, prepare a new EIS and release economic “ore” RESERVES.
Obama appointed federal District Court Judge Sharon L. Gleason to rule in favor of the USACE permit appeal denial and EPA veto.
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