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Northern Dynasty Minerals Ltd. Message Board

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  • susankoffler susankoffler Jul 30, 2012 2:05 PM Flag

    Why NAK Could Drop To $0.40 Before Year-End

    That's the best you've got?

    Oh dear God, it's worse than I imagined. Do you think there's any scenario where Anglo would reconsider their commitment? Any whatsoever? Or are they just as paralyzed as you, unable to adapt to a new reality.

    There's a new reality, and the share price has reflected this new reality, from $20.00+ down to $2.50. The non-emotional investors and traders can cut the chord, the emotional longs will likely stay to the very end.

    Of course, you can't address the energy-intensive nature of the proposed mine. That probably doesn't even enter your decision-making process. I mean, do you think the mine just hooks up to the grid? Laughing out loud uncontrollably.

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    • Did you read the preliminary report published by Tetra Tech and released in February 2011. All of this information incorporated into that report. There are not any large scale/ high grade open pit mines left on planet earth. That low hanging fruit has been picked. 40 pounds of copper are need to build every car. A hybrid uses 80 pounds. I am assuming Capex for Pebble of $7 billion.

 
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0.7769Aug 24 4:01 PMEDT