yes, briscoe is nearing retirement, and i'm sure he wants to enjoy the fruits of his labors, but when i said he would stay on as CEO, probably only long enough to get his claims sold to a major mining operation for a huge sum of money.
that's basically what NAK/HDI want to do with pebble. not sure if you saw this article:
Mr. Thiessen: We've always said that for ourselves being a single purpose, single asset company, that in the longer term, Pebble is a kind of project that would be developed by a consortium of major mining companies - for instance, in the case of Escondida, BHP, Rio Tinto, Mitsubishi with a Japan group, and still others involved. If you look at other big projects, typically there are two or three senior mining companies and maybe Asian smelter groups involved in the development. And really, I expect the future for the Pebble Project will be the same. We foresee the involvement of two major mining companies, perhaps a base metal company like Anglo and one of the big international precious metal/gold companies, and a smelter group involved in the development. Really what that means is that Northern Dynasty will not be part of that picture because we think that ultimately Northern Dynasty will be taken over.
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