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Re: sugarcane11 post# 20836

Friday, 02/14/2020 4:26:20 PM

Friday, February 14, 2020 4:26:20 PM

Post# of 29882
Many exploration company's keep control of their ore deposit. They form a joint venture with another company in order to help develop the deposit and build the mine.

This is what Northern Dynasty has stated is its plan, and this is what they have always done. They form 50/50 joint ventures, but they retain control of developing the deposit.

Their estimated ore deposit(s) have a life of mine of over 200 years. The amount that they have drilled, and on which their official amount of ore is listed, is not just a small amount of the ore present, it is just a tiny amount of the ore that is present.

So instead of NAK being worth $5-$8, NAK will eventually be $50-$80 a share.
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