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xZx

12/22/10 1:07 PM

#42963 RE: L-Back #42956

L-Back, i think we agree, but it's about timing.

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:

http://finance.yahoo.com/news/Interview-With-The-CEO-And-twst-1760748490.html?x=0&.v=1

TWST: Realistically speaking, what do you really expect out of the Pebble Project in terms of future prospects?


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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1950tiger

12/22/10 3:26 PM

#42984 RE: L-Back #42956

Briscoe is no spring chicken 70+ years, running around to china what happens to this business, if he ups and kicks the bucket?
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Madanthony2

12/23/10 12:56 AM

#43020 RE: L-Back #42956

What does 70 + infer except maybe knowledge & a solid work ethic. Not everybody wants to retire @ 68. Jmho T
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Dreamchaser

12/23/10 1:18 AM

#43023 RE: L-Back #42956

My Uncle Robert is 89 and smart as a whip. He is an an oil engineer, stock broker and loves geology. Nothing will slow him down.