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Oncothyreon Inc Message Board

ows_1 11 posts  |  Last Activity: Apr 7, 2014 12:24 PM Member since: Nov 3, 2008
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  • Too bad that Federal Regulators want to tell Alaska what is can do with its land.
    Is this just Federal bullying or just an insensitivity.
    Lest let Alaska decide how to use its resources as they see fit.
    Svati Kirsten Narula Mar 14 2014, 1:08 PM ET
    "...Despite the strong feelings on display, the 404(c) action is an initiation of a process,
    not a terminal decision. As the Keystone fight has shown, sometimes when a federal agency
    reveals an early bias against a project like this, the developers just dig their heels in deeper.
    TransCanada may still get to build its pipeline, and ultimately Northern Dynasty may see the
    years and millions of dollars it's invested in the Pebble Mine project pay off.

    Northern Dynasty CEO Tom Collier said his company is not going to give up on its plan.
    According to the Associated Press, Collier said EPA’s actions to date “have gone well
    outside of its normal practice, have been biased throughout, and have been unduly influenced
    by environmental advocacy organizations.” He also said that he remains "confident"
    about the future of the mine, and that his company will continue to try and gain the
    EPA's approval to move forward. If anything, this is the beginning, not the end,
    of the Pebble Mine controversy.

  • Reply to

    Odd that they didn't pick it up in Phase 1 trial

    by pentech50 Apr 4, 2014 4:52 PM
    ows_1 ows_1 Apr 7, 2014 7:17 AM Flag

    phase 1 is more for safety

  • Reply to

    What The Hell Is Going On Here!!!!!

    by golf.paul123 Apr 4, 2014 2:49 PM
    ows_1 ows_1 Apr 7, 2014 7:16 AM Flag

    You have a lot of company. I guess that we can expect some more pain (as people cover their margin calls and shortsellers pile in)

  • pbt2 alzheimers (phase 2) - xxx
    pbt2 huntington (phase 2) - xxx (not hopefull for this to continue)
    everithing else preclinical
    Such a shame, very sad.... :(
    I wish that the drug would have been effective with alzheimers
    (not just from a money view but because this decease (alzheimers ) is so bad)

  • ows_1 ows_1 Mar 29, 2014 6:03 PM Flag

    Thank you for your post - like it very much

  • If this happens we Pebble mine minerals will be worth so much more !!

    Longer-term Rickards is forecasting gold prices at $7,000 to $9,000 an ounce in the next three to five years. We asked how it could possibly get there, given that gold's all-time-high was just $1920 an ounce and turmoil in Ukraine produced only a short-lived rally.

  • by Chris Klint
    "ANCHORAGE - A state judge has found that a Bristol Bay community’s initiative to restrict large-scale mining in the region conflicts with existing state authority to do so, a victory for backers of the proposed Pebble Mine.

    Superior Court Judge John Suddock’s Wednesday decision grants the Pebble Limited Partnership summary judgment in its challenge of the Lake and Peninsula Borough’s “Save Our Salmon” initiative.

    The measure, which passed by 37 votes during October 2011 polls in the 1,600-person borough, would bar mines larger than 640 acres from having an “adverse effect” on coastal resources or the balance of resources within the region.

    In a 29-page opinion, Suddock says the initiative would not constitute an effective ban on large-scale mining, as argued by opponents. In his view, however, the case turned on whether the borough initiative could countermand the state’s regulatory authority over mines -- a conclusion he denied, noting that state lawmakers have granted the Department of Natural Resources “charge of all matters affecting the mineral resources of the state.”

    “By so definitively conferring gatekeeper permitting authority upon DNR, the Legislature impliedly prohibited local governments from assuming a concurrent role,” Suddock wrote. “Such a grant of power to local governments would Balkanize state natural resource policy.”

    Pebble spokesperson Mike Heatwole hailed the decision in a brief email to Channel 2 early Wednesday night.

    "(The) main point is that the court held that the state gets to evaluate and decide on Pebble via its rigorous permitting process," Heatwole wrote.


  • 55,000,000,000 lbs cu * $2.96/lb + 67,000,000 ounces of gold * $1340/oz + 3,300,000,000* $10/lb
    =55,000,000,000 * $2.96 + 67,000,000 * 1340 +3,300,000,000* 10 = $ 285,580,000,000
    =25,600,000,000 * $2.96 + 40,400,000* 1340 + 2,300,000,000 * 10 = $ 152,912,000,000

    With these kinds of numbers (I might be on the very low side) - why can't Alaska and the rest of the US benefit from this
    and at the same time to make the EPA happy (5%) or so of net proceeds can be held in conservatorship
    to restore the land back when certain portions are already mined.

    I say lest the American people gain from the abundance that our continent has supplied us with.
    From wiki
    "In February 2010 an updated resource estimate was released reporting that, based on a total of 509 drillholes and at a 0.30% copper equivalent cutoff (CuEQ), the Pebble deposit mineral resources (East and West combined) comprise: • ... containing 55 billion pounds of copper, 67 million ounces of gold and 3.3 billion pounds of molybdenum; ... Inferred Mineral Resources grading 0.53% CuEQ, containing 25.6 billion pounds of copper, 40.4 million ounces of gold and 2.3 billion pounds of molybdenum.[24]"

  • I could see an argument for both copper and molybdenum US reserve increase as world tensions increase.
    I know that gold is used in industry but I think that he major use is jewelry, investment, as a financial safeguard, and as a way for countries to pay or put as collateral for their debts. Pebble could be very good for the united states and for the people in Alaskan.

    from wiki---
    "The Pebble Mine is a proposed copper-gold-molybdenum mine. The deposit is a large porphyry copper-gold-molybdenum deposit, and if developed would be a major producer of those metals.
    Copper mining in the United States has been a major industry since the rise of the northern Michigan copper district in the 1840s. In 2012 the United States produced 1.15 million metric tonnes of copper, worth $9 billion, making it the world's fourth largest copper producer, after Chile, China, and Peru. Copper was produced from 28 mines in the US. Top copper producing states in 2012 were (in descending order) Arizona, Utah, New Mexico, Nevada, and Montana. Minor production also came from Alaska, Idaho, and Missouri. As of 2013, the US has 39 million tonnes of known remaining reserves of copper, the fourth largest known copper reserves in the world, after Chile, Australia, and Peru.[1]

    Copper in the US is used mainly in construction (45%) and electric equipment (23%). In 2012, the nation produced 65% of the copper it used, relying on imports from Chile, Canada, Peru, and Mexico for the remaining 35%.[1]

    Copper mining activity increased in the early 2000s because of increased price: the price increased from an average of $0.76 per pound for the year 2002, to $3.02 per pound for 2007.[2]"

  • ows_1 ows_1 Mar 7, 2014 12:34 PM Flag

    I am not sure but I think it is a matter of cost. Cost more than a penny to make a copper penny.
    --- Either way, copper is a major world metal . ---
    With russia, syria, n korea, ... countries acting like criminals the US gov't will surely
    need to make sure that its metal suppliers are in good shape.

  • Hello: I am new to ivan yahoo finance board.
    Does anyone know why the incomome statement shows no earnings for 2013 and 2012.

    Total Revenue
    Dec 31, 2012...........Dec 31, 2011...............Dec 31, 2010
    - ..............................37,979...........................21,928
    Is this some kind of error in yahoo or is IVAN really not making any money.
    If Ivan is not making any money, can you tell me why (what happened) - or
    are there major investments that are still in development.

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