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Implanting

12/03/20 4:40 PM

#14405 RE: Implanting #14404

After rereading the Seeking Alpha article I don't really see how the author could see a resemblance between FMG and the Northern Dynasty project right now.

Springpole is moving forward and meeting all the requirements put in front of it to date. We're still a long way from getting the permitting, but to this point there's no reason to believe permitting won't be achieved.

Apparently that's not the case with the N.D. mine. They were recently turned down, so that's a MAJOR difference. He mentioned that may be the end of their mine going forward.

If we can't get permitted then I see a similarity, but until that happens we're still moving forward with the expectations of being permitted sometime in 2023.

That's a very big difference.

SeaBlue

12/03/20 4:46 PM

#14406 RE: Implanting #14404

Kind of disappointed that at a time when the share price temporarily dropped I could not pick up shares....I have been paying off some debt.

I agree, the article was bullish. One thing the author did not mention in his discussion of initial capex cost was Dan's prior work in finance. If the gold price hits $2,500 or higher, I don't think initial capex will be too much of a concern.

Some of the numbers from Cameron were interesting.