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News on the salmon close by.
How about the salmon stocks collapsing this year? There’s a real story for you.
Test the salmon, and I’m sure you will find all kinds of Fukushima fallout, as well as deformities and illnesses. But of course, it’s *crickets* from mainstream media and establishment science on that one.
In fact, Canadian Indian tribes did take it upon themselves to test salmon in the Columbia River in 2016. The Okanagan Nation Alliance tested sockeye salmon in B.C. and found Fukushima-signature fallout, Cesium 134. Of course, this is work that the Canadian and U.S. governments should be doing if they were in any way legitimate at this point…
A study done around the same time by the Upper Columbia United Tribes also found Fukushima fallout (Strontium 90) in both sockeye and Chinook salmon.
And now, in 2018, the salmon stocks are collapsing in the Columbia River and others.
Can we really believe this is nothing but coincidence
Surprises are coming for PEBBLE on the PLUS side. Those without shares will be like those beggars looking for lamp oil at the last.
Most toxic are halve truth words expressing biased opinions not supported by modern science and engineering. Today's miners are far from Roman skill and methods.
The Pebble mine is not toxic and with good science never will be toxic. GET REAL !!
A famous quote " a mine is a hole in the ground with a liar at the open end". With PEBBLE, the liars have been EPA associated and the true estimates of value have been future mine associated. The desperate attempts by Gov. of Alaska signals end game is afoot.
It is doubtful a Governer can stop the Corps since they are Federal. The real question is what are Donald's wishes. The right partner and a proven iron will can make a operating mine.
My family has been avoiding seafood from the Pacific's waters as will countless other families soon. The ending of a market in salmon will be a definite.
Alaskan Gov. Walker needs reminded of the wealth flow PEBBLE will create.
The mine will be a leader in pristine operations. Modern and efficient.
The salmon issue is a matter of opinion.
[ Along the Pacific coast of Canada and the Alaska coastline, the population of sockeye salmon is at a historic low. Many are blaming Fukushima.
Something is causing fish all along the west coast of Canada to bleed from their gills, bellies and eyeballs.
A vast field of radioactive debris from Fukushima that is approximately the size of California has crossed the Pacific Ocean and is starting to collide with the west coast.]
The MINE will be BUILT ! The toxic part of Bristol Bay is not our mine to be. Radioactive fish are the TOXIC part. When truly one day Bristol Bay fish are measured for toxicity, EPA will ban the catching, handling or consuming. USA is fortunate to have such a resource of magnitude (AU,AG,CU) within it's borders.
New process for gold processing.
Just one word from Donald and former partners will be back !!!
Long $$$s seen a few days after each short biased attack. NAK is like a spring bouncing back. All miners in the world and not one is interested in this project ? Maybe one of the former partners would again step up with a single word from Donald. GREAT POTENTIAL.
If an insider , would not be posting here in.Just looking over the charts of NAK one observes many dramatic price swings. Probably more SurPrIsEs forward just like past.
Interesting the volume/price rise near end of days trading. Maybe beginning of multiday uptrend. Price of .51 - .52 is closer to reaity than zero. NAK company teams are experienced for the hard fight. EXPECT A SURPRISE SOON. Then A REAL REALITY RALLY. TARGET of .87. [:-]
CURRENT CNN FORCAST for NAK. Looks like best possibility is higher. ZERO is not mentioned as a possibility ?!?
Stock Price Forecast
The 4 analysts offering 12-month price forecasts for Northern Dynasty Minerals Ltd have a median target of 0.87, with a high estimate of 2.50 and a low estimate of 0.31. The median estimate represents a +77.38%increase from the last price of 0.49.
Analyst Recommendations
The current consensus among 4 polled investment analysts is to buy stock in Northern Dynasty Minerals Ltd. This rating has held steady since June, when it was unchanged from a buyrating.
A refresher of the two sides. Tom speaks frankly about the problems. The TIME for the MINE is PRIME.
A CHOICE prospect to partner with PEBBLE. Responsible and productive.
TORONTO, June 12, 2018 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K) (NYSE:KGC) (“Kinross”) is pleased to announce that it is proceeding with the initial Gilmore expansion project at its Fort Knox mine in Alaska.
The initial Gilmore project is expected to extend mining at Fort Knox by six years to 2027, and leaching to 2030, at a low initial capital cost of approximately $100 million, and increase life-of-mine production by approximately 1.5 million Au eq. oz.
The project is expected to generate an internal rate of return (IRR) of 17% and net present value (NPV) of $130 million based on a $1,200/oz. gold price, and an IRR of 26% and NPV of $239 million based on a $1,300/oz. gold price.
Fort Knox Gilmore project feasibility study highlights 1Operational metricIncremental Gilmore estimate2Life of mine production (million Au oz.) 1.51 Life of mine ore processed (million tonnes) 183 Average grade processed (g/t) 0.35 Strip ratio 1.2 Average production cost of sales (per Au eq. oz.)$650 Average all-in sustaining costs3 (per Au eq. oz.)$950 Initial capital costs (million) (2018-2020)$100 Capitalized stripping (million) (2018-2020)$60 Internal rate of return4(IRR) 17%Net present value5 (NPV) (million)$130 Cash flow (million)$240
CEO commentary:
J. Paul Rollinson, President and CEO, made the following comments in relation to the Gilmore expansion:
“We are pleased to proceed with the initial Fort Knox Gilmore project, a low-risk, low-cost brownfield expansion that is expected to extend mine life to 2030 at one of our top performing operations and contribute 1.5 million gold equivalent ounces to strengthen our long-term U.S. production profile.
“The Gilmore project offers an attractive IRR and NPV and adds to our suite of quality development projects at Tasiast, Round Mountain, Bald Mountain and Kupol to enhance our globally diverse portfolio. The project’s low initial capital cost is expected to be funded by Fort Knox’s cash flow, helping preserve our strong balance sheet and financial flexibility.
“With additional upside potential at Gilmore and beyond, Fort Knox is a significant asset in our portfolio located in an excellent mining jurisdiction. The Gilmore project and the addition of estimated mineral resources improves value and is expected to be a key contributor to the future growth of our Company.”
1 Based on a $1,200 per ounce gold price assumption and $55/bbl oil price assumption. 2018-2030 unless noted otherwise.
2 Incremental to pre-Gilmore mine plan and estimated mineral reserves previously disclosed by Kinross in its news release dated February 14, 2018.
3 Throughout this news release, forecast site-level all-in sustaining cost excludes corporate overhead costs. This is a non-GAAP measure and is not defined under IFRS. Refer to “Reconciliation of non-GAAP financial measures” section in the Company’s Q1 2018 MD&A.
4 Throughout this news release, calculated from July 1, 2018 forward and after tax.
5 Throughout this news release, calculated based on a 5% discount rate from July 1, 2018 and after tax.
Gilmore feasibility study
The Gilmore feasibility study contemplates the first two phases of a potential multi-phase layback of the existing Fort Knox pit and construction of a new heap leach pad. The Company expects to continue leveraging its extensive experience and knowledge operating cold weather, sub-arctic heap leaching, having successfully operated Fort Knox’s current heap leach during the past 10 years.
The project plan requires minimal construction of new infrastructure and new equipment purchases, and has been optimized for lower initial capital costs. This includes continuing mining using Fort Knox’s current fleet and leveraging assets from the Company’s other North American operations as replacement equipment is required. Kinross expects to finance the initial capital costs of the project using Fort Knox’s cash flow.
Early construction work on the new heap leach and dewatering is expected to begin in Q3 2018, with stripping commencing in 2019. Initial production from Gilmore is expected in early 2020, with approximately 5% of Gilmore ore expected to be stacked on the existing pad. Approximately 95% of Gilmore ore is expected to be stacked on the new heap leach pad, with stacking commencing in late 2020. Currently, milling at Fort Knox is expected to end in late 2020.
The project team has now been established and contracting is underway. Engineering is largely complete and the permitting process is proceeding as planned. Permits are now in place to start work on the new heap leach pad.
Fort Knox estimates, including Gilmore project1TimelineOperational metricCombined estimate
(current mine plan + Gilmore)2018 – 2027
(Mining)Average annual production (Au oz.)245,000 Average production cost of sales (per Au eq. oz.)$735 Average all-in sustaining costs3(per Au eq. oz.)$1,015 Average grade processed (g/t)0.37 Strip ratio1.2 Average processing cost (per tonne)$1.74 Average mining cost (per tonne)$2.19* Average annual tonnes mined (tonnes)60 million2028 – 2030
(Leaching)Average annual production (Au oz.)80,000 Average production cost of sales (per Au eq. oz.)$855 Average all-in sustaining costs3(per Au eq. oz.)$900 Average grade processed (g/t)N/AStrip ratioN/AAverage processing cost (per annum)$23.6 million2018 – 2030
(Life of Project)Average annual production (Au oz.) 205,000 Average production cost of sales (per Au eq. oz.)$745 Average all-in sustaining costs3(per Au eq. oz.)$1,005 Average grade processed (g/t)0.37 Average recovery rate79%Strip ratio1.2 Average processing cost (per tonne)$2.00 Average mining cost (per tonne)$2.19*
*includes capitalized stripping
As disclosed in the first quarter of 2018, the Fort Knox pit experienced a minor pit wall slide. The wall slide is not expected to materially affect Fort Knox’s average annual production and cost estimates over the life of mine, the Gilmore project’s IRR and NPV, or the Americas 2018 regional guidance. The Company is continuing to analyze the slide’s impact and assess mitigation plans, which may have some effect on Fort Knox’s 2018 and 2019 production and cost schedule.
Forecast Gilmore initial capital costs (2018 – 2020)($ millions)Barnes Creek Heap Leach Pad51Geotechnical Study and Dewatering19Mining Fleet + Capitalized Maintenance12Infrastructure, owner’s cost and other5Contingency13Total100Capitalized stripping60
Gold price sensitivity estimates
Fort Knox Gilmore project (incremental)
Average gold priceFinancial Metric$1,100/oz.$1,200/oz.$1,300/oz.$1,400/oz.IRR 47%17%26%34%NPV 5$21 million$130 million$239 million$348 million
Oil price sensitivity estimates
Fort Knox Gilmore project(incremental)
Oil priceFinancial Metric$45/bbl$55/bbl$60/bbl$65/bblIRR 419%17%16%14%NPV 5$157 million$130 million$116 million$103 million
Updated Fort Knox Mineral Reserve and Resource estimates6
As a result of the Fort Knox Gilmore feasibility study, estimated proven and probable mineral reserves at Fort Knox increased to approximately 3.4 million Au oz., as 2.1 million Au oz. was converted from estimated measured and indicated mineral resources. An additional 0.6 million Au oz. was added to estimated measured and indicated resources due to engineering changes, which included updating cost assumptions to be consistent with the feasibility study, partly offsetting the conversion of gold ounces to estimated mineral reserves.
Further drilling is expected to be conducted at the 287-hectare (709 acre) Gilmore property in 2019, including infill drilling to potentially add to the mine’s estimated mineral reserves. The Company will continue to explore the prospectivity and upside potential of the Fort Knox area, as the overall orebody has not yet been delineated to the West, South and East.
Fort Knox Area Mineral Reserve and Resource Estimates6
(Closing Balance December 31, 2017) 2017
(Pre-Gilmore feasibility study)
(Au koz)Gilmore Conversion
(Au koz)Engineering Changes
(Au koz)2017
(Post-Gilmore feasibility study)
(Au koz)Proven and Probable
Reserves1,2452,072 573,374Measured and
Indicated Resources3,229(2,072)6381,795Inferred Resources689- 4041,093
Fort Knox Area Proven and Probable Mineral Reserves 6
(Closing Balance December 31, 2017)
Tonnes
(kt)Grade
(Au g/t)Ounces
(Au koz)Proven51,3360.39645Probable230,8700.372,729Total282,2360.373,374
Fort Knox Area Measured and Indicated Mineral Resources 6
(Closing Balance December 31, 2017)
Tonnes
(kt)Grade
(Au g/t)Ounces
(Au koz)Measured6,6060.3677Indicated140,3390.381,718Total146,9450.381,795
Fort Knox Area Inferred Mineral Resource
Pebble could go far by donating shares to the party in power both in Canada and America. Potential appreaciation is a strong stimulus.
New partner soon.= > $1 :-]
If Alaska was still owned by Russia, the Russian's response to PEBBLE would be how fast can we mine and trade in the world market. China would look at PEBBLE as a vast wealth and also be eager to access the resources. North Korea would not think twice about gaining control of every ounce of valuable metals. America has to deal with world market forces and the logic of what other countries would do with the glories of GOLD,SILVER and rare minerals useful for tech and defense. There will be one helpful and brave company step forward from the wings to assist with PEBBLE.
With Fridays volume around 12 million, many of these holders are still holding !
Shareholders NAK
FundsInstitutions
NameShares
Held% Total
Shares HeldShares
Change% Chg from
Prior Port% Total
AssetsDate of
PortfolioStirling Global Value Fund Inc31,397,94310.4718,497,943143.39005/16/2017Vertex One Asset Management Inc5,684,6001.83200,0003.651.7212/31/2017CI Investments Inc7,216,2002.24693,70010.640.2803/31/2018Acadian Asset Management LLC3,289,7911.07-55,320-1.650.0112/31/2017Kopernik Global Investors, LLC3,088,9090.99114,6233.851.0112/31/2017Wellington Management Company LLP5,567,4981.7563,6581.16003/31/2018Jennison Associates LLC1,763,4220.5700012/31/2017SIA Funds AG2,754,7010.84-1,736-0.061.1304/30/2018OppenheimerFunds Inc1,330,0000.4340,0003.10012/31/2017BMO Asset Management Inc1,243,5690.4099,5228.70012/31/2017Mackenzie Investments938,3730.30-202,427-17.74012/31/2017Creative Planning Inc891,2760.29506,900131.880.0112/31/2017Morgan Stanley Canada Ltd.1,604,3000.50-79,900-4.740.0703/31/2018USAA Asset Management Company1,503,6000.47002.4803/31/2018Harbour Advisors693,7000.23000.4709/30/2017Gabelli Funds Inc693,2000.22000.1212/31/2017UBS Securities LLC932,4310.294,9540.53003/31/2018Susquehanna Financial Group, LLLP862,8120.27-182,288-17.44003/31/2018Susquehanna International Group, LLP862,8120.27-182,288-17.44003/31/2018Group One Trading,
Prices of metals -Industrial Bullion (EIB) Prices
MetalSymbolUnit of MeasureAsiaU.S.PlatinumPttroy ounce$915.00$911.00PalladiumPdtroy ounce$985.00$983.00RhodiumRhtroy ounce$2240.00$2240.00IridiumIrtroy ounce$1385.00$1385.00RutheniumRutroy ounce$255.00$255.00OsmiumOstroy ounce $400.00RheniumRepound $1290.00GoldAutroy ounce $1312.88SilverAgtroy ounce $16.680 Last update:
25 May, 2018 2:00 PM
Tokyo25 May, 2018 9:15 AM
New York
- reflecting on reports of NAK's in ground supply of GOLD,SILVER and RHENIUM as well as others makes one believe some way forward will happen. Maybe high level action. Maybe EPA changes opinion.
These special wards of Alaska should have considered the meal choices before breaking the law. Just as those short NAK should consider the multi-year history of surprises from PEBBLE. Time for a positive surprise is overdue !
Gold moving up toward $1400, NAK = WORTH MUCH MORE SOON.
NAK = REAL MONEY SOON
Thanks for note on posting error.
-Major Shareholders NAKFunds Institutions
Name Shares
Held % Total
Shares Held Shares
Change % Chg from
Prior Port % Total
Assets Date of
Portfolio Star Rating
Kopernik Global All-Cap A 8,539,995 2.79 0 0 0.72 02/28/2018
Gabelli Gold AAA 1,872,000 0.60 0 0 1.09 12/31/2017
Prudential Jennison Natural Resources B 1,763,422 0.59 0 0 0.13 02/28/2018
USAA Flexible Income Institutional 1,503,600 0.50 0 0 2.86 02/28/2018
GAMCO Glb Gold Natural Res & Income 596,100 0.19 0 0 0.13 12/31/2017
Hartford International Value A 541,760 0.18 541,760 New 0.02 02/28/2018
Global X Copper Miners ETF 563,574 0.17 0 0 0.60 04/03/2018
Wellington CIF II Small Cap 2000 S1 222,802 0.07 0 0 0.08 12/31/2017
BlackRock MSCI ACWI ex-U.S. IMI Index Non-Lendable F 171,950 0.06 171,950 New 0 12/31/2017
Russell Multi-Strategy Income A 211,334 0.07 54,803 35.01 0.02 02/28/2018
iShares MSCI Glbl Metals & Mining Prdcrs 220,575 0.07 0 0 0.03 04/03/2018
BlackRock MSCI ACWI ex-U.S. IMI Index T 97,280 0.03 97,280 New 0 12/31/2017
GAMCO Nat Res Gold & Income 97,100 0.03 0 0 0.10 12/31/2017
CREF Stock R1 153,355 0.05 0 0 0 02/28/2018
SPDR® S&P International Small Cap ETF 178,624 0.05 0 0 0.02 04/03/2018
USAA International 148,065 0.05 0 0 0 02/28/2018
GAMCO Global Opportunity AAA 30,000 0.01 0 0 0.47 12/31/2017
KP International Equity Institutional 16,900 0.01 16,900 New 0 12/31/2017
Wellington CIF Unconstrained Themes 13,629 0 0 0 0.01 12/31/2017
iShares Commodities Select Strategy 17,812 0.01 0 0 0 04/03/2018
Name Shares
Held % Total
Shares Held Shares
Change % Chg from
Prior Port % Total
Assets Date of
Portfolio
Stirling Global Value Fund Inc 31,397,943 10.47 18,497,943 143.39 0 05/16/2017
Vertex One Asset Management Inc 5,684,600 1.83 200,000 3.65 1.72 12/31/2017
Wellington Management Company LLP 5,503,840 1.77 1,628,898 42.04 0 12/31/2017
CI Investments Inc 6,522,500 2.32 0 0 0.27 01/31/2018
Hudson Bay Capital Management LP 3,373,798 1.08 974,429 40.61 0.13 12/31/2017
Acadian Asset Management LLC 3,289,791 1.07 -55,320 -1.65 0.01 12/31/2017
Kopernik Global Investors, LLC 3,088,909 0.99 114,623 3.85 1.01 12/31/2017
Jennison Associates LLC 1,763,422 0.57 0 0 0 12/31/2017
Morgan Stanley Canada Ltd. 1,684,200 0.54 42,400 2.58 0.13 12/31/2017
SIA Funds AG 2,709,669 0.88 1,649 0.06 1.32 01/31/2018
OppenheimerFunds Inc 1,330,000 0.43 40,000 3.10 0 12/31/2017
BMO Asset Management Inc 1,243,569 0.40 99,522 8.70 0 12/31/2017
Susquehanna Financial Group, LLLP 1,045,100 0.34 1,045,100 New 0 12/31/2017
Mackenzie Investments 938,373 0.30 -202,427 -17.74 0 12/31/2017
UBS Securities LLC 927,477 0.30 -212,050 -18.61 0 12/31/2017
Millennium Management LLC 923,412 0.30 -199,758 -17.79 0 12/31/2017
USAA Asset Management Company 1,503,600 0.50 0 0 2.86 02/28/2018
Creative Planning Inc 891,276 0.29 506,900 131.88 0.01 12/31/2017
Harbour Advisors 693,700 0.23 0 0 0.47 09/30/2017
Gabelli Funds Inc 693,200 0.22 0 0 0.12 12/31/2017
Permissions/Reprint
Never will jpmc be considered a friend by this WMIH shareholder !!
Pebble AuCu
[1] Value of Taxes
Metal mining generates state revenues directly via excise taxes, but at a much lower rate than oil & gas extraction. For example in 2004, one tax assessmentshowed oil and gas extraction in the state paid about 19% of the oil and gas's market value in combined state, borough, and municipality resource taxes. On the other hand, metal mines paid about 2.3% of the market value of their metal in combined taxes. Another assessmentfor 2004 calculates these rates at 22.3% and 1.5% respectively. Using rates of 1.5%-2.3% and the market value of metal above we can estimate that the Pebble mine could pay up to $7.5-11.5 billion in combined natural resource taxes over the lifetime of the mine.
[2] https://capitalresearch.org/article/one-gold-into-dross/
[3] Here's what Soros does:
1) A US company applies for a permit or is in the stages of applying for a permit to drill, mine, etc
2) Soros shorts that companies stock. Basically makes a HUGE bet it will go down.
3) Soros uses NRDC to sue EPA to not allow proposed permit.
4) EPA colludes with NRDC and blocks the permit or blocks the company from even applying which is their legal right
5) That companies stock suffers massively after they've invested millions into the project
6) Soros profits
7) Americas economy takes a hit due to the loss of proposed jobs, revenues, and taxes
Rinse and repeat
Soros has been creating the laws through the EPA for all those Obama years. Pruitt put an end to it.
Is it any wonder he just transferred 18 Billion into his non profit? No. He is fighting to keep his stranglehold. He will not succeed.
And if you don't believe there was collusion between NRDC and EPA, look up Phillip North, an EPA scientist who fled the country after his "cozy" relationship with the NRDC was discovered... via you guessed it, "EMAILS." Which were "DELETED." During a "COMPUTER CRASH." Sounds familiar?
Phillip North blocked Pebble mine, one of the biggest American resources for gold and copper on the planet. A mine that should provide the US with 100 years of strategic resources.
[4] Wild Alaskan Salmon say " the mine will not hurt us cause we are already swimming dead from the Japanese reactors".
On the conference call surprise was noted that Zambia had issued public announcement instead of usual confidential notice concerning tax issues. International manipulation ? Connected with NAK venture - high probability !
BUY all you can at this low price.
The African mine issue has likely been caused by Soros working a flanking action against FQM and PEBBLE.
Soros , the world criminal, may be using his influence in Africa to make waves for a good and honest Canadian company. World Criminals like Soros, the 0, and B&H have no limits when it comes to blocking and impeding a good and worthwhile project like PEBBLE.
A rain storm is a problem without a roof. Science will make a way.
Nothing is worse than an oil pipeline , yet one operates in Alaska with many $$s making ways to many people. Resources is the only real resource Alaska has. PEBBLE's resource equals a better life for many Alaska's.
Credit Suisse is some of the "smart money".
FQM's consensus says different does it not. FQM's believing to the tune of $,$$$,$$$,$$$s says a lot. FQM is the clincher of the deal which is why all the letters from supposed concern citizens to FQM. What's next assassins ?
Most the ARMY personnel known by myself would be long NAK and consider the risk worth taking.
FQM lives off of resources in the ground not NRDC rhetoric.
Science is on the side of the explorers and exploiters of the goods of the world. The spirit of mankind is unstoppable by the progressive cheats who gave up their manhood for a free lunch. Good comes from science rightly applied. Much good will come from PEBBLE for the locals and the nation.
PEBBLE is the right mine in the right place at the right time with the RIGHT SCIENCE !