Loading ...Another news story from my broker, seems to contradict earlier one. Sometimes hard to tell which is fake news. 😉
News Story
Northern Dynasty Responds to Short and Distort Campaign
14 Feb 2017 18:50 ET
CNW Group
Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE MKT: NAK) (“Northern Dynasty” or the “Company”) has been made aware of a short and distort campaign by Kerrisdale Capital which has recently published a negative opinion piece the central theme of which is that Northern Dynasty’s massive copper/gold project in Alaska is uneconomic. Northern Dynasty will be responding with a preliminary rebuttal which will appear on its website by the end of the week. The rebuttal will expose the many inaccuracies and outright misstatements in the Kerrisdale report. Northern Dynasty’s Pebble Project is indisputably one of the world’s largest undeveloped copper/gold deposits with a potential mine life which is measured in decades. Kerrisdale cites no technical or scientific studies whatsoever and relies on many unnamed persons who were purported to have been involved with the project several years ago. Investors should not rely on the Kerrisdale report and should await the Company’s detailed response now in progress.