Replies to post #14231 on Northern Dynasty Minerals Ltd (NAK)

[Scotttrader80]

DUMB MONEY KOOLAIDE

Northern Dynasty had just C$14.8 million ($11.5 million) in cash on hand as of June 30, according to the company’s most recent financial statement. In June, Doug Allen, vice president of corporate communications at Northern Dynasty, said the mine’s permitting would cost $150 million.

economics 101 when outgo exceeds income, Bankruptcy isnt far away

$11.5 Million on hand 3 Months ago down from $37.5 million 6 months ago WONT PAY for a Permit costing $150 Million in 3 Years.

Northern Dynasty’s refusal to provide the information comes at a time when its cash has dwindled, according to its latest financial statement, and it continues its search for a new investor.

WHERE"D all the MONEY GO???

Theissen makes $40,000 a MONTH when asked about the shareholders , the repy was

FQ'M

http://www.stockhouse.com/companies/bullboard?symbol=nak&postid=28758703

.10 schents this weeak?

NAK + DUMB MONEY = LOST FORTUNES