Loading ...Hope… I am definitely hoping… this will turn… NDM, Nova Gold and one other I can’t remember were my first three pics… I thought I was brilliant as I did make good money off of them!! I don’t know if you have followed what happened… but basically as I understand it, the EPA colluded with some non-profit environmental organization and closed down their permitting process. NDM has gone to court… in discovery it shown this to be the case… even with another extraordinary case of missing hard drives with associated emails!! I think NDM has hired some high powered lawyers/lobbyists and have I think have 3 legal claims going… If they win one, I think the EPA has to back out of the permitting process and the Army Core of Engineers takes over… With the kind of hard rock mine they have, NO permit has ever been denied. Also, wrt the army… they also have as a consultant some former secretary of defense…not dick cheney!! lol As I said earlier… this has become a political/legal play… If NDM wins any case or EPA backs down… this is a fast and easy 10 bagger from here no matter what gold/copper does… I do believe this is top 1 or 2 largest undeveloped gold/copper resources in the world… They have done PFA and this mine would make a ton of money at today’s prices… from their web site…
The Pebble deposit is one of the greatest stores of mineral wealth ever discovered. The current resource estimate includes 6.44 billion tonnes in the measured and indicated categories containing 57 billion lb copper, 70 million oz gold, 3.4 billion lb molybdenum and 344 million oz silver; and 4.46 billion tonnes in the inferred category, containing 24.5 billion lb copper, 37 million oz gold, 2.2 billion lb molybdenum and 170 million oz silver(1). Quantities of palladium and rhenium also occur in the deposit.
That property is massive and their market cap is $70M (cdn)!! Hang in there Amals… I’ve reloaded and now I am ‘hop’n and a pray’n”!!
Islandgold