Northern Dynasty Minerals Ltd (NAK)

[LongMetal]

Regarding the USACE refusal to accept an appeal from the State of Alaska on the NAK denial, the USACE likely is unwilling to address Alaska's Constitutional or Contractual rights.

We don’t know what the state will do yet? They could appeal this dismissal or go directly to a judicial appeal, where they would have a 90% chance of victory.

The good thing is Alaska is in all probability going to fight. If this USACE position were allowed to stand, and Pebble were to be opposed by the USACE in view of their own positive FEIS, and on land traded to Alaska for mineral development, then Alaska's future resource revenue base would be annihilated.

Governor Dunleavy is not an enviro-moron, understands what modern mining is (vs. the "...don't confuse me with the facts, I have my mind made up..." of the "Party of the cow farts" folks like Murkowski and Sullivan.

Anyway, not necessarily hard to understand the rejection of Alaska's Appeal, and we are far from "the rest of the story" as Paul Harvey would say.