07:33:25 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Northern Dynasty Minerals Ltd
Symbol NDM
Shares Issued 105,018,453
Close 2015-07-06 C$ 0.415
Market Cap C$ 43,582,658
Recent Sedar Documents

Lundin says buy Northern Dynasty

2015-07-06 21:29 ET - In the News

Brien Lundin, in the July, 2015, edition of the Gold Newsletter, says buy Northern Dynasty Minerals Ltd., recently 41.5 cents. Mr. Lundin said buy eight times between March, 2002, and October, 2014, at prices ranging from 42 cents to $9.80. Assuming a $1,000 investment for each of the eight buys, the $8,000 position is now worth $2,955. Northern Dynasty's lawsuit against the United States Environmental Protection Agency (EPA) for initiating an assessment study on its Pebble project in Alaska, and subsequently issuing a pre-emptive veto on the project under the Clean Water Act, will proceed to court. The company believes the EPA gave anti-mining activists "inappropriate access and influence" over the study. Mr. Lundin cautions investors that betting on legal outcomes is always a mug's game, and even though Northern Dynasty's case has merit, winning a lawsuit against the U.S. government is no easy task. On the bright side, the company's current share price presents an inexpensive and potentially lucrative wager on this legal battle. He says that for those with the time and intestinal fortitude for speculations, the upside is exceptional. Northern Dynasty is a buy.

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