Here are some of the BOLDED comments pieces from the transcript that were made by Ron Thiessen and Tom Collier during last Friday's conference call that keep SKEPTICAL(and not excited about the future prospects of) NAK:
Ron Thiessen: We have, obviously, more than one and I think there’s a great opportunity, in fact, for the potential of a consortium to be the ultimate developer at Pebble. In terms of timeline, now – aspirationally, we’ve said that we looked to complete something by the third quarter of this year. These are things that we believe we can do, but I don’t want to draw hard lines in the sand. We’ve spent a lot of time with different companies going through the data room and over the intervening period of this litigation. So, I feel pretty confident that there’s a very high level of interest in the project and that we should be able to accomplish our aspirations.
Ron Thiessen: I just feel that given the interest level and given the quality of the Pebble Project we’re going to be successful on that front. So, that’s just my belief. So, it’s – when you look at Pebble – when you look at the alternatives out there for companies to undertake, this is really a tier one asset of unique proportion.
Ron Thiessen: There’s a couple features that, that we looked at. I mean number one, is the 30 months to get into permitting. And that’s important from two prospects. Number one, we really want to get into permitting quickly, but that’s Northern Dynasty. A lot of major mining companies they don’t want to do things in a big hurry, and, so 30 months we think is very reasonable timeframe for everybody to get very comfortable with the project. It’s should go on to permitting. We think we can do it much quicker but again, with 30 months, we’re not putting any pressure on anybody to accomplish that.
Tom Collier: And we’re eager to be the, kind of, the first ones through that process and we think that we’re going to be able to get our permit granted in record time. Now, I’m not suggesting any corners are going to be cut, or it’s not going to be as thorough or rigorous, but I am – I do believe, very strongly, that it’ll be much more efficient and can move along much more quickly.
JUST A BUNCH OF ROSY AFFIRMATIONS, ANEMIC CONVICTION AND VERY LITTLE IN WAY OF CLARITY OF CURRENT STATUS.
STRONG SELL.
Everything I say,is only my opinion. DO not rely on anything I post,as buy or sell advice. DO your own homework.
