Tag Archives: Northern Dynasty Minerals Ltd.

Kerrisdale Capital Slams Northern Dynasty Minerals Ltd – Pebble Mine shares are ‘worthless’

A New York investment firm tore apart claims by the owners of the Pebble mine project that developing the prospect is economically viable in a no-holds-barred report released Feb. 14. Kerrisdale Capital called Vancouver-based Northern Dynasty Minerals Ltd., “worthless” in its 21-page report, contending sources directly involved in evaluating Pebble before Anglo American walked away from the project in 2013, despite spending roughly $500 million on it, said Pebble would cost close to $13 billion to construct, not the $4.7 billion capital cost Northern Dynasty arrived at in its preliminary project assessment. “In the past decade, Northern Dynasty has hired at least two major engineering firms to prepare preliminary feasibility studies of Pebble laying out its economics in detail, yet it has failed to publish their findings — because they were damning,” Kerrisdale alleges. Continue reading the article here 11:27

Northern Dynasty comments on National Marine Fisheries Service status review of Lake Iliamna Seals

Ultimately, whether the Lake Iliamna seals are considered to be a distinct population segment or not, Northern Dynasty is confident that development of the project by the Pebble Partnership will not affect their habitat or their numbers.” continued