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

CAPS Rating: 1 out of 5

The Company is a mineral exploration company focused on developing the Pebble Project a copper-gold-molybdenum mineral project.


Player Avatar coldwaterak (< 20) Submitted: 4/9/2007 6:23:15 PM : Underperform Start Price: $10.88 NAK Score: +127.38

Personally from southcentral Alaska, the Pebble Creek Mine is a far shot from reality and up against a wall of oposition from the locals in Alaska. Consdering that this is one of the biggest irons in the fire for N-Dynasty, I personally think it will be a long time before we see large gains if any from this company. Also considering that this is an exploration company, revenue will come from the sale to a larger developer. While this looks like a great company with potential, the underlying facts erode its possibilities.

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Member Avatar JD2985 (< 20) Submitted: 3/13/2008 2:40:37 PM
Recs: 3

HOLD ON FOOLS. There is a LOT of opposition to this project and there is a significant chance that this mine will never come to fruition. Couple reasons why to be concerned.1. Legislative Issues. There is a chance that a november 2008 ballot initiative could outlaw this mine"Lt. Gov. Sean Parnell yesterday gave final approval to two Clean Water initiatives - one of which would most likely bar development of a Pebble mine, and create new hurdles for other mines around Alaska."If the initiative makes it on the ballet it is unclear if it will pass or not. Here is a look at public opinion:"Though relatively unknown outside Alaska (aside from sport and commercial fishing circles), the Pebble Mine project is a hot issue in the state, with articles or letters to the editor in the Anchorage Daily News almost daily. Opinion is divided. According to a poll commissioned by the Renewable Resources Coalition, 53% of Alaskans oppose the project, with 28% in favor, and 19% undecided. According to a competing poll commissioned by Northern Dynasty Mines, 31% oppose the project, 45% support it, and 24% are undecided. According to the only poll targeting them, Bristol Bay residents are strongly opposed to the mine, with 71% opposed, 20% in favor, and 9% undecided."2. Selling Issues: Suppose the mine is built. So far the 5 largest jewelers have signed a pledge not to sell any gold from NAK and Wal-Mart is considering a similar pledge. Personally I feel this is one to keep a close eye on. If the ballot initiative falls through and does not pass and opposition dwindles than this is a great stock to own. And I will be buying at that time. If not you now own stock in a company that has no revenue. Risk very high, reward high. Do not underestimate the Alaskan environmental movement. Sure there is a lot of gold in them hills, but there is also is a lot of oil and we all know how ANWAR turned out. (FWIW: The proposed Pebble Mine is on State Land)

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:12:58 PM
Recs: 0

Rio Tinto owns almost 20% of NAK and Mitsubishi of Japan owns almost 11% of NAK whch is a 50-50 partner with Anglo American of British or South Africa that agreed to finance up to 1.5 billion in the development of NAK. Big Money Talks and Walks... NAK is completing the hundreds of drilling to define the boundary of the ore body which was recently more than doubled than thought . There will be over 5 billon tons of ore to dig up all yielding 100 million ounces of gold, 60 billion tons of copper and 3 to 5 billon pounds of molybdenum. Molybdenum prices just shot up to $20 a pound from $3 a pound recently. Copper is now $4 a pound, and gold is over $1200 an ounce and climbing. steadlily thanks to the economic mess we are in. NAK has over a trilloin worth of metal in the Pebble West and East ore bodies. Care to pass up? NAK may be a junior but there is nothing like that for a junior anywhere else. Sure, it will cost upward to 6 or 7 billoin to develop the mine until opening in 2015 or so. NAK is still short a few billions needed to complete the mine. Who will lend more money or will Rio Tinto take over ? Any junior with this giant orebody can easily sell more shares, and NAK has only 100 million shares floating and can easily balloon to a billion shares without any problem. Look for NAK to issue new stock or Rio Tinto will take it over and finish on its own. It will have to happen shortly after additional permits are obtained. Copper supplies is tight already and molybdenum , too. Industrial users are counting heavily on NAK to satisfy the global appetite for more copper and molybdenum. It is going to be a hell of an "Avator" movie! Bulldozers are coming...

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:15:09 PM
Recs: 0

Oh sorry my bad... I mean 60 billon poundsof copper,

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:16:15 PM
Recs: 0

Pebble is bigger than Freeport Mcmoran's Grasberg mine in Indonesia!

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:16:53 PM
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What will Sarah Palin have to say about Pebble? I wonder....Ask her!

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:18:26 PM
Recs: 0

Maybe that was why Sarah Palin quit her job as the governor so not to be messed with Pebble...I am so postive that Sarah knows a thing or two about NAK...

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:22:18 PM
Recs: 0

Pebble West will be an open pit mine while Pebble East will be an underground mine. It is possible that NAK will only be allowed to mine underground which is preferable to open pit mine on the west .. Pebble East is richer in grade than the open pit of Pebble West which is lower in grade and more tailings.

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:25:17 PM
Recs: 0

The Climax molybdenum mine in Leadville Colorado used to be an open pit mine but closed and the underground portion is still operating. The Climax mine is owned by Freeport McMoran. Also the Henderson Mine west of Denver Colorado is an underground mine.I wonder what they do with the tailing ?? Put it back underground?? This is neater way of stashing the ugly tailing than open pit types with nowhere to put away but ponds all over.

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:27:08 PM
Recs: 0

Ther e is still plenty of metal underground but open pit mines is cheaper and faster to produce. Wtih high metal prices seemingly permanently high will be better able to justify the higher costs of underground mines as well as better enviromental benefits.

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:30:31 PM
Recs: 0

The Henderson mine in Colorado owned by Freeport McMoran was recently upgraded with a new fast long converyor belt to replace the old underground train tunnel through a mountain . I can imagine that the same thing will be used for Pebble East that will be on a long conveyor belt to the shore.

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:32:23 PM
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So there will be no tailing runoff from the Pebble mine at all. The tailing can be shipped elsewhere to be dumped

Member Avatar Buyaluminium (< 20) Submitted: 9/6/2010 2:33:12 PM
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Japan can use the tailing to create new landfill it sorely need . Japan is not far off from Alaska.

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