NAK Northern Dynasty lower after Kerrisdale calls shares 'worthless'
Kerrisdale Capital Management, in a report published on Seeking Alpha, announced a short position in Northern Dynasty Minerals. The company's key asset, the low-grade Pebble deposit, "is not commercially viable," Kerrisdale argues. The firm calls the shares "worthless." Northern Dynasty is down 6% to $2.99 in early trading. Reference Link