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Agree , but maybe not till fins come out showing that $2.8M in revenue in the 4th QTR , that will silence the skeptics
The answer to that is "YES". We have had a release or two stating what else was found in the core samples but will have to re-find them
Ronald Thiessen Is The President of Northern Dynasty Minerals Ltd. (TSE:NDM) And They Just Spent CA$200k On Shares
https://finance.yahoo.com/news/ronald-thiessen-president-northern-dynasty-112058497.html
Dunleavy to pitch Alaska mining at B.C. conference
The governor will be attending the Association for Mineral Exploration Roundup conference in Vancouver Jan. 22-23
"The conference will also give the governor and his cabinet officials a chance to CLEAR UP ANY MISCONCEPTIONS investors might have about Alaska’s mining industry and learn what UNDER-THE-RADAR IMPEDIMENTS there might be to pursuing exploration projects in the state, he emphasized."
If in time this company's tech becomes the STANDARD method to replace WILDCAT DRILLING for gas and oil plus core sampling for mineral mining, then the SAVING would be huge just on efficiency alone
Pebble’s permitting process is proper
Rich Borden’s recent op-ed regurgitating the Natural Resources Defense Council’s, or NRDC, rhetoric against the federal review process of the Pebble Project is biased and demonstrates NRDC’s anti-development posture. There are a few facts worth noting.
First, in his opinion piece, Borden did not disclose that he has served as a paid consultant for the NRDC as part of their efforts to stop Pebble. He has written against Pebble in publications like the ADN, he has testified in front of Congress opposing Pebble, and he has submitted papers objecting to the project to the federal agencies reviewing Pebble. All this without taking a moment to mention his anti-Pebble work for the NRDC, a well-known national environmental activist organization opposing the project and opposing all resource projects in Alaska. Credit E&E News for noting his NRDC work in their recent article about the future of the project.
Second, while Borden lists his work as a specialist in the environmental aspects of the mining industry, there is nothing in his résumé to suggest a background sufficient to assess the economic feasibility of mining projects. Yet this is where he spends most of his public time criticizing the Pebble Project, and much of what he has written is flawed. Simply put, he does not have the credentials to make a declarative statement about the viability of Pebble. If the Pebble Project is not feasible — economic — as presented and influenced by the Army Corps of Engineers environmental impact statement process, it will not go forward.
Third, and perhaps most egregious, given his background in the industry, one would have assumed he may have reached out to the proponents to more comprehensively understand the technical and other aspects of the Pebble proposal. He has never sought a call or a meeting to learn more about the project. If he had done so, he would have realized that, within his specific area of expertise — environment and permitting — the data supporting the process and the design for the project set new bars for responsible mineral development.
Borden’s most recent op-ed seems written just for a headline that says the federal review process for Pebble is somehow “flawed.” However, the entire piece is essentially opinion with no evidence to support his claim. This notion of a “flawed process” has been a key NRDC talking point since before the draft Environmental Impact Statement, or EIS, for Pebble was published.
As others have opined previously on these pages, the U.S. Army Corps of Engineers review of the Pebble Projects is working exactly as designed. The Corps of Engineers published a draft EIS in the spring of 2019. It received voluminous comments about that document from a range of stakeholders, including federal agencies like the Environmental Protection Agency and the U.S. Fish and Wildlife Service. The Corps of Engineers has been working with the federal, state, local and tribal cooperating agencies to review and act upon all comments received. They anticipate issuing a final EIS about Pebble sometime later this year. The draft said a mine could be developed without harming the fishery, and if the final concludes the same, then the project should be allowed to advance.
Recall that the NRDC opposes all resource development activity in Alaska. They do not support mining, oil and gas development or timber harvests. They are a no on responsible development in the Arctic National Wildlife Refuge. They are a no on responsible oil and gas development in outer continental shelf. They are no for responsible timber harvests in the Tongass. A quick review of their material demonstrates this:
The Trump administration is rushing forward with a reckless plan to begin oil and gas lease sales within the refuge’s coastal plain.
NRDC has been fighting a decades-long battle to defend the Tongass.
Aggressively pursuing strategies to stop fossil fuel development in America’s largest public reserve in the Western Arctic.
The NRDC essentially opposes the building blocks of Alaska’s economy. So, when you read Borden’s attack piece about Pebble, ask yourself whose interest is really being served.
I have spent most of Alaska residence — 1981–present — working in and around Alaska’s mining industry. I have experienced the positive contributions responsible mining makes to our economy. The industry and regulators have high standards and good processes for reviewing potential resource and mining projects. Pebble is on state land and is an Alaska asset that should be fully vetted.
Richard Hughes is a registered professional mining engineer in the state of Alaska with 60 years of minerals industry experience, with 38 of those years spent in Alaska. He has held senior positions in mining operations and projects, served six years as Minerals Development Specialist for the state Department of Community, Commerce and Economic Development, and has taught mining engineering classes at the University of Alaska Fairbanks. He currently provides consulting services to the mining industry. He was a plaintiff in a 2014 lawsuit that sought to keep the “Bristol Bay Forever” ballot initiative — which required legislative approval of mines like the Pebble Project — from being put before voters.
The views expressed here are the writer’s and are not necessarily endorsed by the Anchorage Daily News, which welcomes a broad range of viewpoints. To submit a piece for consideration, email commentary(at)adn.com. Send submissions shorter than 200 words to letters@adn.com or click here to submit via any web browser. Read our full guidelines for letters and commentaries here.
https://www.adn.com/opinions/2020/01/17/pebbles-permitting-process-is-proper/
LMFAO , COULD NOT CARE LESS IF I TRIED , as a six month EXTENSION would BE EASY ENOUGH to GET. Also in that time the FEIS and NOD will be done and released
AGREE STRONGLY - Either DMAN has a valuable Tech that in time will generate huge income or it doesn't. Worth holding some to find out.
Waiting on future news release,
Mindless Posting does nothing useful IMO
BUY NOW and wait for a PR , sounds like a plan. I'm in for some at .0105 should this one take off
TWO very new and very recent Tech Developments "ELSEWHERE" that could in TIME have a dramatic effect on NAK
As we all know our President wants to make our country non-dependent on China or anyone else for rare minerals and has allocated funds to the U.S. ARMY to advance that independence ASAP.
The ARMY is paying for a 10,000 square foot test plant in Colorado to process minerals from the Texas mine TMRC , plant could be up and running by Spring.
The process to be used , if it works as advertised would recover 99.9% of the metals with NO TOXIC waste and be more efficient than the current Chinese process.
POINT: In Time ore processing in the Pebbles area could be done on site without sacrificing any % of the metals like in the current proposed process and not incur the costs of shipping to CANADA. WIN WIN WIN ??? Yes , less cost, more product , more Alaskan JOBS
ALSO new is a ground radar Tech that can penetrate down 40,000 feet. Current primary use of this Tech is in the search for Natural Gas , Oil , and Water. BUT BUT BUT can detect metals TOO. Further testing needs to be done to prove up this Tech but looks promising so far for DMAN
POINT: As most know NAK has 9 more claim sites in Bristol Bay that have yet to have core samples taken and tested. How great would it be for them and us shareholders if a reliable scanning process could be used to tell them "TAKE CORE SAMPLE HERE FROM THIS SPOT" and avoid hit and miss costs.
BET you wish you were in for 10k a week ago
If one bothers to check , its been a month since the last time NAK traded much less closed below .40
BOTTOM ??? When all know the next milestone is coming. (FEIS)
Cyclerion Therapeutics, Inc. (Nasdaq: CYCN), today announces positive Phase 1 study results that provide the foundation for continued development of IW-6463, an oral, once-daily central nervous system (CNS)-penetrant soluble guanylate cyclase (sGC) stimulator for the treatment of serious neurodegenerative diseases. The nitric oxide pathway and sGC stimulation have long been known to be a central physiological regulator in the central nervous system, impacting cerebrovascular blood flow, neuroinflammation, neuronal function and metabolism.
“Our Phase 1 healthy volunteer study results indicate that IW-6463 was well tolerated. Pharmacokinetic (PK) data, obtained from both blood and cerebral spinal fluid (CSF), support once-daily dosing with or without food and demonstrate IW-6463 penetration across the blood-brain-barrier at levels expected to be pharmacologically active. We are excited about the therapeutic possibilities for IW-6463 as a first-in-class, brain penetrant sGC stimulator,” said Chris Wright, M.D., Chief Medical Officer of Cyclerion. “These results, together with our preclinical data, provide strong support for continued development of IW-6463 as a potential new medicine for serious neurodegenerative diseases.”
Phase 1 Study Design and Topline Results
The company’s first IW-6463 Phase 1 study was conducted in 110 healthy volunteers aged 18-63 years to evaluate safety and pharmacokinetics in blood and CSF. The three-stage study evaluated: a) single ascending doses, b) multiple ascending doses (over 14 days) and c) food interaction effects. Study results demonstrated that IW-6463 was well tolerated across the tested dose levels. The most common adverse events (AEs) observed in the active treatment group were headache, nausea, dizziness, somnolence and fatigue. All AEs were mild and no serious adverse events (SAEs) were observed. IW-6463 administration resulted in a mild reduction in blood pressure, a known characteristic of sGC stimulators, providing evidence of peripheral pharmacological activity and target engagement. PK data obtained from the CSF demonstrate penetration of IW-6463 into the CNS at levels expected to be pharmacologically active. Food interaction results indicate that IW-6463 may be taken with or without food. These data, together with plasma PK results, support development of IW-6463 as a once-daily orally administered therapeutic.
Ongoing and Planned Development Activities
A translational pharmacology study in approximately 24 elderly subjects is ongoing. This study will evaluate safety, PK, and measures of CNS pharmacological activity, including cerebral blood flow by MRI and additional translational measures. Topline study results are expected in mid-2020. These results are intended to enable Cyclerion to direct further development in high-value CNS indications where biological and genetic data suggest an important role for nitric oxide and cyclic guanosine monophosphate (cGMP) signaling.
Presentation at J.P. Morgan Healthcare Conference
Cyclerion will discuss IW-6463 and its CNS program, along with its diabetic nephropathy and sickle cell disease clinical programs, at the J.P. Morgan Healthcare Conference on Wednesday, January 15, 2020. The presentation will be webcast at 9:00AM PST (12:00PM EST). Note that the webcast presentation EST time was incorrect on the company’s December 23, 2019 webcast press release announcement, and the correct time is 12:00PM EST.
The presentation will be followed by a question and answer session to be held at 9:30AM PT (12:30PM EST). A live webcast of the presentation and the Q&A session can be accessed on the following links:
Presentation link:
https://jpmorgan.metameetings.net/events/hc20/sessions/29869-cyclerion/webcast
Q&A link:
https://jpmorgan.metameetings.net/events/hc20/sessions/30203-cyclerion-q-a/webcast
A replay of the presentation will be posted on the Cyclerion website following the event.
About IW-6463
IW-6463, a CNS-penetrant sGC stimulator, is being developed as a potentially disease modifying therapy for neurodegenerative diseases. Nitric oxide is one of several fundamental neurotransmitters, one that has yet to be leveraged for its therapeutic potential in the CNS. sGC stimulators work synergistically with the nitric oxide naturally produced in the body to boost the positive effects of nitric oxide, even when the body is not producing enough. There are clear links between nitric oxide signaling defects and neurodegenerative diseases. Evidence indicates that endothelial cell loss and nitric oxide dysregulation are contributors to neurodegenerative diseases and result in reduced blood flow, vascular leakage, inflammation, and neuronal dysfunction/loss. sGC is expressed widely throughout the CNS and CNS vasculature. In preclinical studies, IW-6463 has been associated with increased cerebral blood flow, reduced markers of neuroinflammation, improved neuronal health, neuroprotective effects and enhanced cellular bioenergetics and mitochondrial function.
About Cyclerion Therapeutics
Cyclerion Therapeutics is a clinical-stage biopharmaceutical company harnessing the power of soluble guanylate cyclase (sGC) pharmacology to discover, develop and commercialize breakthrough treatments for serious and orphan diseases. Cyclerion is advancing its portfolio of differentiated sGC stimulator programs with distinct pharmacologic and biodistribution properties that are uniquely designed to target tissues of greatest relevance to the diseases they are intended to treat. These programs include praliciguat which recently completed Phase 2 studies and which the company intends to out-license for further development in diabetic nephropathy, olinciguat in Phase 2 development for sickle cell disease, IW-6463 in Phase 1 development for serious CNS diseases, and two preclinical programs targeting serious liver and lung diseases, respectively.
For more information about Cyclerion, please visit https://www.cyclerion.com/ and follow us on Twitter (@Cyclerion) and LinkedIn (www.linkedin.com/company/cyclerion).
Forward Looking Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Our forward-looking statements are based on current beliefs and expectations of our management team that involve risks, potential changes in circumstances, assumptions, and uncertainties, including statements about the anticipated timing of release of topline results of our clinical trials; the progression of our discovery programs into clinical development; and the business and operations of Cyclerion. We may, in some cases use terms such as “predicts,” “believes,” “potential,” “continue,” “anticipates,” “estimates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “likely,” “will,” “should” or other words that convey uncertainty of the future events or outcomes to identify these forward-looking statements. Each forward-looking statement is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statement. Applicable risks and uncertainties include those related to our ability to obtain necessary approvals from regulatory authorities; our ability to advance product candidates in clinical trials; that regulatory approval processes are lengthy, time-consuming and inherently unpredictable; that significant variability in safety or efficacy may appear in different clinical studies of the same product candidate; that product candidates in later stages of clinical studies often fail to demonstrate adequate safety and efficacy despite promising preclinical testing and earlier clinical studies; the timing, investment and associated activities involved in developing and obtaining regulatory approval for our product candidates; our plans with respect to the development of our product candidates and the associated timing thereof, including the design and results of pre-clinical and clinical studies; the efficacy of our product candidates; and the risks more fully listed under the heading “Risk Factors” and elsewhere in our Registration Statement on Form 10 filed on March 11, 2019, and in Cyclerion’s subsequent SEC filings, including the Form 10-Q filed on November 12, 2019. Investors are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements (except as otherwise noted) speak only as of the date of this press release, and Cyclerion undertakes no obligation to update these forward-looking statements, except as required by law.
Contact
Carlo Tanzi, Ph.D.
Kendall Investor Relations
ctanzi@kendallir.com
No expectation of a pullback ? This penny stock has gone UP a bit quickly as of late
Disagree about your $4 point. JMHO but think $2.50 to $3 is a more realistic drop to point. Then if more stock is issued will see a futher drop
IS IT ??? After reading many posts made over the weekend , must seemed to think the PPS would have broken the $1 point by now as thy were set to sell above that. Looking more like a close below .50
Well am still waiting to see if getting out PM at 2.84 was a mistake. So far it seems "NO". Got in at .68 so if the PPS drops under 2.10 will have the option to buy back same quantity and be FOB
Here is an added thought for you. If in the coming months GOLD's price stabilizes above $1700/oz that would more than cancel out the last TWO stock issues the company had to make.
We are OFFICIALLY in year 2020.
MAJOR milestones set to be made this year.
FEIS and NOD for SURE sometime THIS YEAR for SURE. They will be FAVORABLE !!!
PARTNERSHIP and BO VERY VERY VERY likely after that when DONE.
NAK is moving UP TOO. Back up to .47 now
Over $2 now
Over $3 soon coming
Nice volume , over 19M in the first 30 minutes
Highlights of the Round Top PEA Include:
Net Present Value (NPV): $1.56 Billion at a 10% discount rate, pre-tax.
Internal Rate of Return (IRR): 70%.
Payback Period: 1.4 years.
Capital Cost: $350.4 Million, including a complete on-site rare earth oxide (REO) and mineral separation plant, and a 25% contingency provision of $65.7 Million.
Current Spot Market Pricing Assumptions: Yields 70% IRR.
Mining Rate: 20,000 tonnes per day (TPD).
All mineral processing at site: Deployment of continuous ion exchange and ion chromatography (CIX/CIC) processing to generate high purity individual rare earth oxides at the site as well as technology metals and industrial minerals.
REO Production: Averaging 2,312 tonnes per year (TPY) total, including approximately 180 TPY of Neodymium (Nd) and 67 TPY of Praseodymium (Pr).
New Lithium Resource: Estimated 9,800 TPY lithium carbonate production.
Heap Leach Processing: Proven conventional method utilizing leach pads built to Texas Environmental Standards.
PEA Mine Life: Mining and processing 146 million tonnes over a 20 year life, equivalent to only 13% of the total Measured, Indicated and Inferred Mineral Resource Estimate of 1.1 billion tonnes - implying mine life of 140 years.
Direct Employment: 179 employees.
Ease of Shipping Access: Only 3 miles north of Interstate Highway 10 and within 3 miles of a major railroad. 85 miles southeast of El Paso, Texas.
Located on State Property: 6.25% Net Smelter Royalty (NSR) payable to Texas General Land Office (GLO).
"ALASKAN VOTERS" were 100% RIGHT in voting WALKER "OUT" of office. His statements show wide GAPS in understanding and evaluating all the real FACTS regarding not only Pebbles but the Red Dog Mine too.
Current FACT : WALKER IS A LOOSER
NRDC articles = Fake News and OUTRIGHT LIES , COMMON KNOWLEDGE most know
CNN and MSNBC TOO , sad they started out being a great news source
Dunleavy responds to Pebble Mine report
https://www.homernews.com/news/dunleavy-responds-to-pebble-mine-report/
According to Murkowski and the Democrats, a mine over a hundred miles away from Bristol Bay has more negative affect on Bristol Bay than the metropolis of Seattle has on on the adjacent Puget Sound and the Metropolis of Portland has on the adjacent Columbia River. They are just that psychotic.
Anyone know of a LINK that states that these processing plants (to be built) are pollution free or close to it. Have seen NO mention yet of an environmental impact study being done . Am currently of the understanding that they will be more efficient than what methods the Chinese are using. TIA
What is going on currently to break China's hold on Rare Metals supply and production could in time affect Pebbles Mine development
https://www.thenewamerican.com/economy/sectors/item/34450-u-s-getting-back-into-rare-earth-processing-to-break-china-s-monopoly
FCEL back OVER a BUCK . Nice after only a few trades in and out having free on board shares to just SIT on. Hope someday it goes back over $10
AGAIN stated from "YOUR" INFO PROVIDED NAK link
QUOTE:
Mineralized material will be processed via conventional froth flotation. On average, the process plant
will produce ~600,000 tons of copper-gold concentrate each year, containing ~287 million lb copper,
~321,000 oz gold and 1.6 million oz silver, and ~15,000 tons of molybdenum concentrate each year,
containing ~13 million lb molybdenum.
????? no known ore ??????
J. David Lowell
The Institute for Mineral Resources owes its creation to generous endowments from J. David Lowell.
Lowell received a BS degree in mining engineering from the University of Arizona in 1949 and a MS in geology from Stanford University in 1957. He also obtained a Professional Engineer degree from the University of Arizona in 1959 and honorary degrees from Universidad Nacional de San Marcos in Peru in 1998 and the University of Arizona in 2000.
A photo of J. David Lowell
Lowell began his career as a mining engineer and shift boss with Asarco in Mexico, followed by a job as an exploration geologist with the Atomic Energy Commission on the Colorado Plateau. After spending time at Stanford to fill out his geology background, he returned to uranium exploration in Utah for a subsidiary of Ventures Limited of Canada whose CEO was Thayer Lindsley, a legendary explorationist. The Ventures work evolved into porphyry copper search in Arizona, where his career-long interest in porphyry copper exploration was born. In 1959, he became district geologist specializing in porphyry copper exploration for Utah Construction in San Francisco.
Lowell became an independent consultant in 1961. Between 1961 and 1990 he worked for 110 companies in 26 countries, largely in porphyry copper exploration. His modus operandi was to devote half his time to large company consulting and half to designing and managing contract exploration projects financed by mining companies. In 1965, this resulted in two discoveries in Arizona; the Kalamazoo ore body for Quintana Petroleum Co. and the Vekol Halls Photodeposit for Newmont. A similar project for Newmont, Hanna, and Getty found the Casa Grande West deposit in 1975. At about the same time he made a contribution to the discovery of the J A ore body in Canada by Bethlehem Copper Co., the Dizon deposit in the Philippines by Benguet, and the Far Southeast ore body by Lepanto also in the Philippines.
Honorary
In 1974, he became heavily involved in consulting in Chile, and starting in 1979, he planned and managed a contract grassroots program financed by Utah International and Getty Oil. In March 1981, the project discovered the La Escondida ore body, now the world's largest copper producer, and the nearby Zaldivar-Escondida Norte ore body. Moreover, in 1987, a small Chilean syndicate managed by Lowell found the million-ounce San Cristobal gold mine. In 1990, the Leonore ore body (now the core of the Luksic Tesoro Mine) was optioned and drilled by Lowell for Nuigini Mining Co.
In early 1991, Lowell initiated a personally financed exploration program in Peru. This evolved in 1993 into a Canadian junior company, Arequipa Resources, which he jointly managed with Catherine McLeod. Late in 1995, this resulted in the discovery of the eight-million-ounce Pierina gold ore body sold in 1996 to Barrick Gold. Since 1996 Lowell Mineral Exploration has been involved in joint venture projects with Rio Tinto, Noranda, Phelps Dodge, Cyprus, Rio Algom, Corriente Resources, and Billiton. He is managing exploration projects in PhotoEcuador and Chile and is also Chairman of Bear Creek Mining Company, an exploration corporation in Peru.
J. David Lowell
Lowell has published more than 50 articles. The most notable, co-authored with John Guilbert, defines the Lowell and Guilbert Porphyry Copper Model. This article became the standard reference for exploration geologists worldwide.
Lowell was elected to the National Academy of Engineering in 1999. He has received the SME Daniel C. Jackling and Robert Dreyer Awards, the AIME Earl McConnell Award, the SEG Silver Medal and Penrose Gold Medal, and the MMSA Gold Medal. Lowell was inducted into the American Mining Hall of Fame on December 7, 2002 at the 20th Annual Banquet of the Mining Foundation of the Southwest ceremony held at the Westin La Paloma Resort in Tucson, Arizona.
Source: Mining Foundation of the Southwest, 2002, J. David Lowell To be Inducted into American Mining Hall of Fame,
Mining Foundation of the Southwest Newsletter, August 2002.
https://minerals.arizona.edu/content/j-david-lowell
In reference to: "What I KNOW is management refers to their ORE as LOW GRADE. take it up with them!"
I did. I looked up your reference, and others, and Northern Dynasty says that Pebble has great high grade ore, thank you.
Northern Dynasty states that they will spend 14 years mining the Pebble deposit. During that time they will put aside the lower grade ore obtained in the over burden and sections of the deposit.
The last 6 years they will no longer remove ore from the deposit, but will extract the metal contained in the stock-piled lower grade extraneous ore.
"Mineralized material will be processed via conventional froth flotation. On average, the process plant will produce ~600,000 tons of copper-gold concentrate each year, containing ~287 million lb copper, ~321,000 oz gold and 1.6 million oz silver, and ~15,000 tons of molybdenum concentrate each year, containing ~13 million lb molybdenum."
Mining experts have commented on the Pebble deposit:
For an expert’s perspective on Pebble is legendary geologist David Lowell.
https://dev.katusaresearch.com/one-worlds-greatest-geologists-talks-northern-dynastys-pebble-deposit/
"David Lowell is one of the greatest geologists of all time. He discovered the Escondida project, which became the world’s biggest copper mine. He’s discovered more than a dozen world-class economic mineral deposits as well. It’s an incredible achievement when you consider that the top tier geologists are lucky to discover one world class deposit in their career. David’s discoveries have given him the title of “world’s greatest mineral exploration geologist.” He’s forgotten more about finding deposits and building mines than most people will ever know."
David Lowell is also a mining engineer, which gives him unique insight on the costs involved in building a mine.
Pebble is a unique opportunity, all the work that has been done to date is a very large amount of diamond drilling, which all we know about the ore body are the cores obtained by the diamond drill operation, and I examined some of these, hopefully a representative sample of the core and looked around at the surface and read the very comprehensive reports on engineering and geology that had been made, including long-term environmental studies which include fisheries study which suggested in almost all cases I am aware of, the habitat increases. And I read the engineering reports recommending the project be carried out.
A kind of a horrible statistic is that because of interference by environmental clubs, and a wealthy fisherman that has a cabin within 100km radius of the project and by the American EPA bureau, the project has never been possible to move into the next stage. But something on the order of $700 million dollars has been spent thanks to interference by environmentalists and government agencies.
DL: It is the biggest deposit that I know of, that is ready to be put into production at this time and when it is in production, eventually, it will very likely be become the largest copper-gold mine in the world.
MK: So you do believe this is an economic deposit and the Pebble project will be in production one day?
DL: I am certain of that. And it’s possible to design a pit and concentrator assuming average grade which includes the higher grade and the lower grade, which will produce an optimum tonnage from the mine.
MK: And you believe there will be an open pit and underground portion to the project?
DL: Yes. And I believe there will be 2 or 3 different open pits. In the mining business, it’s common to begin to build the mill and begin on a high grade near surface part of the ore body.
MK: Wasn’t that how Escondida was originally started?
DL: Yes. Escondida and probably 20 other large scale mining operations.
MK: What would you say to all of the critics and shorts out there and all of the so called geologic ”experts” who are saying the project is worthless? I’ve read and heard some people state including professional geologists, claim that the project is not economically viable or there’s nothing of value at Pebble What would you say to those individuals?
DL: I would say try to get back in a mining college and learn more.
MK: Another Mining Hall of Famer, Bob Dickinson said the same thing in Vancouver in January.
INFO From the link YOU PROVIDED
LOW GRADE ORE ????? LOL
QUOTE:
1.2 Overview
Northern Dynasty is a mineral exploration company which, through its wholly-owned Alaskan registered
limited partnership, the Pebble Limited Partnership (the "Pebble Partnership"), holds a 100% interest
in mining claims that are part of or in the vicinity of the Pebble Copper-Gold-Molybdenum-Silver Project
(the "Pebble Project" or "Pebble") in southwest Alaska, USA ("US"). The Company’s business in Alaska
is operated through the Pebble Partnership.
The Pebble Project is an initiative to develop one of the world’s most important mineral resources. The
current estimate of these mineral resources1 at a 0.30% copper equivalent cut-off grade comprise:
? 6.5 billion tonnes in the combined Measured and Indicated2 categories at a grade of 0.40% copper,
0.34 g/t gold, 240 ppm molybdenum and 1.7 g/t silver, containing 57 billion pounds of copper,
71 million ounces of gold, 3.4 billion pounds of molybdenum and 345 million ounces of silver; and
? 4.5 billion tonnes in the Inferred category at a grade of 0.25% copper, 0.25 g/t gold, 226 ppm
molybdenum and 1.2 g/t silver, containing 25 billion pounds of copper, 36 million ounces of gold,
2.2 billion pounds of molybdenum and 170 million ounces of silver.
T
COPPER UP. Prices are getting hot Cu @ $2.84
Alaska Peninsula Corp. didn’t arrive at its support for Pebble lightly
https://dentondaily.com/alaska-peninsula-corp-didnt-arrive-at-its-support-for-pebble-lightly/
Ghost-written letters show Dunleavy working hand-in-glove with Pebble
https://www.anchoragepress.com/columnists/ghost-written-letters-show-dunleavy-working-hand-in-glove-with/article_1d73ec84-2745-11ea-8093-23f29d3acfd5.html
Corps won’t require more fieldwork for final Pebble mine report
https://www.ktoo.org/2019/12/24/corps-wont-require-more-fieldwork-for-final-pebble-mine-report/
Au $1500 again! Could see $1800-2200 next 6 months! But that doesn’t impact the chances of someone buying this asset at all ??. Current Mcap is 100,000 Oz of gold! Let that sink in as we move into 2020!!!. 100,000 Oz and they have 70,000,000 in the ground! 700 times the current Mcap, and this isn’t even a gold mine, it’s a copper mine!
For the day traders today is/was a Great day so far. But think longer term hold will prove to be better. News as things unfold will just keep on coming.
YOUR POST NEEDS to BE STICKYED