Northern Dynasty Minerals Ltd. (USA) (AMEX:NAK)

tiger6667 (< 20) Submitted: 3/8/2010 11:23:54 PM : Start Price: $9.18 NAK Score: -92.99

The Northern Dynasty Pebble Project is the world’s most significant undeveloped porphyry system and one of the greatest stores of mineral wealth ever discovered. It has the potential to supply as much as one-quarter of America’s annual copper demand for more than 50 years, and up to 10% of the world’s annual molybdenum output. It is also the world’s largest gold resource.

Pebble is an advanced stage project located on American soil in southwest Alaska, listed by the US Geological Survey as the world’s most extensive mineralized system. It lies in close proximity to necessary power and transportation infrastructure and to shipping routes that serve key demand markets. The project setting presents few obstacles to successful mine and infrastructure development.

Northern Dynasty acquired the rights to the Pebble deposit and 153 square miles of associated resource lands in 2001. Since then, it has expanded known resources by more than 1000 %. With ~ 850,000 feet of drilling in ~1,000 holes, a significant percentage of mineralization at Pebble is in measured and indicated categories.

The Pebble deposit is among the world’s most significant accumulations of copper, gold and molybdenum. The deposit comprises 5.94 billion tonnes of measured and indicated and 4.84 billion tonnes of inferred mineral resources, and contains an estimated 81 billion lb of copper, 107 million oz of gold and 5.6 billion lb of molybdenum. Quantities of silver, palladium and rhenium also occur in the deposit.