This could be an interesting week. Newmont denies it is the target and the amount of reserves reorted is close to Naks deposits. Rio, ABX, it doesn't really matter as I think it is before the end of the month.
Regards to all of you shorts hang onto you nuts when the announcement is made. Of course this is only my opinion and I could be anidot typing from a nuthouse in Camarillo!
And what do you base you information on "Pie in the Sky"....pumping has really affected you ability to distinguish reality from fantacy.....
Here is HEALTHY DOSE of REALITY:
STOCK STATISTICS Current Stock Price $10.00 Market Cap. (M) $866.0 Avg. Daily Vol. (3 Mo.) 209,178 Shares Outstanding (M) 86.6 Current Annual Dividend -- Current Dividend Yield -- Fiscal Year End December 31 52 Week High/Low $11/$5 This report is current for all information available from the company's most recent quarterly financial information, as of September 30,2006. Annual numbers presented in this report reflect the 12 month periods ending on the anniversaries of this most recent quarter. COMPANY DESCRIPTION Northern Dynasty Minerals Ltd. is a mineral exploration company focused on the pebble Gold-Copper-Molybdenum Project. The Pebble property is located in Alaska, which is believed to contain more than 25 million ounces of gold and about 15 billion pounds of copper. Once owned by Canadian zinc miner Teck Cominco, the property's option rights were acquired by Northern Dynasty Minerals in 2004. Deposit developer Hunter Dickinson provides management services for the company. As of March 2005, the company holds a 8.1% net profits interest in the Little Bald Mountain Property in Nevada. Its major competitors include Coeur d'Alene Mines Corp., Fairbanks Gold Mining, Inc. and Hecla Mining Co. INVESTMENT CONSIDERATIONS � We rate NORTHERN DYNASTY MINERAL LTD a SELL. Our estimated "Fair Value" for the stock is $-5.00. Fair Value indicates our assessment of the stock's potential over the next 12 months. A negative Fair Value indicates that we believe there is significant long term financial risk for the stock. Shareholders and prospective investorsshould consider an investment in NORTHERN DYNASTY MINERAL LTD as highly speculative with significant chance for loss. � We believe the company's business model is poor. We base this assessment on the company's ability to use shareholder capital to create real economic value. NORTHERN DYNASTY MINERAL LTD has not proven itsability to earn an acceptable return with shareholder capital. While improvement in the company's position is possible, there must be significant improvement in financial results in order to avoid continued erosion o fshareholder value. � NORTHERN DYNASTY MINERAL LTD is a member of the Metals & Mining group. This group generally has a poor track record of generating acceptable returns on capital. Many factors drive an industry's propensity to generate good returns, from government regulation to technological change to the health of individual companies within the sector. We believe that companies operating in healthy industries tend to offer better long term potential than those in more troubled sectors. In the case of the Metals & Mining group, returns have been poor, indicating an industry which does not in general earn an acceptable return on shareholder capital.