Posted by: onemessageonly Member Level Date: Saturday, June 19, 2010 1:38:40 PM
An understanding of very important neighbors should be discussed. Northern Dynasty is managed by Hunter Dickinson. If you are not aware of Hunter Dickinson, they are a private umbrella organization. They make deals and have about seven public mining companies under them ranging from .07 cents to roughly eight dollars. They also hold a couple of private companies.
In the late 80's, they acquired almost 70% of United Lincoln Resources. It was an equity trading around a quarter per share. In the end, it was bought out for 20 dollars per share. It was the Mt. Milligan property. http://aris.empr.gov.bc.ca/ArisReports/17936.PDF
If the caldera is proven, the highest return for Hunter Dickinson is to retain the 40% interest that Liberty Star would hold. Base this on a sale of Northern Dynasty down the road, as well as, a proven deposit with regards to a joint venture.