Northern Dynasty Minerals Ltd (NAK)

[goldenpolarbear]

"...Raging River Capital LP Launches Lawsuit in Connection With a $110 Million Claim Against Conflicted Directors Hallbauer, Thiessen and Dickinson
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 11, 2016) -
- Conflicted Hunter Dickinson related directors stood, together with other HDI representatives, to personally receive a benefit in excess of $10 million from the Curis Resources acquisition
- Raging River seeks a finding of shareholder oppression as a result of Taseko Mines' related party acquisition of the failing Curis Resources
- Raging River asks B.C. Supreme Court for an order authorizing it to bring legal proceedings on behalf of Taseko Mines against the conflicted directors and for an order to stop further entrenchment by preventing shares inappropriately acquired by the conflicted directors through..."
http://www.marketwired.com/press-release/raging-river-capital-lp-launches-lawsuit-connection-with-110-million-claim-against-conflicted-2113586.htm
Well when the Gold Price POPS later this year these NAK shares should POP but the long term outlook could be grim if the HDI team starts losing these expensive lawsuits IMHO