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Re: Mr.Copper @ 12:58 NDM (NAK)

Posted by MetalsGuy @ 13:23 on February 14, 2017  

You are right about the story: long and boring. I would not have posted except that I got a similar message from my broker:
News Story
Northern Dynasty Minerals Says Pebble Deposit Isn’t Commercially Viable – Shares Crash 30%
14 Feb 2017 10:59 ET

10:59 AM EST, 02/14/2017 (MT Newswires) — Northern Dynasty Minerals (NDM.TO) shares have crashed after the company announced that its key asset, the low-grade Pebble deposit, is not commercially viable, that mining it would require so much upfront investment that it would actually destroy value.

This news sent Northern Dynasty’s shares crashing. They were last down 30% at $2.91 apiece.

Price: 2.91, Change: -1.25, Percent Change: -30

I no longer have interest in NDM as I sold a while back. I did know that others here were interested from past postings.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.