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Northern Dynasty Minerals Ltd. Message Board

  • buylowsellhigh80 buylowsellhigh80 Jul 31, 2012 2:49 PM Flag

    If I were an investment banker.....

    I would be calling on China and other majors and figuring out way to try and steal this from shareholders at $10. The marginal cost "all in" cost of mining copper is probably close to $3.50 for new mines.

    This includes the equity to buy the mine, permitting, engineering and drilling, CAPEX, and cash cost per ounces. Not to mentioned the depletion of the world's largest mines and rapid decline in copper grades over the past twenty years.

    For a far sighted investor, the magic of the markets, and capitalism will eventually find a way to safely build this mine, while keeping the fish and Bristol Bay safe. Comparing mining disaster in Romania or other less advanced countries is apples and oranges.

    Also, remember, Alaska has a land mass larger than California and Texas combined and a population of 725K people.

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