Northern Dynasty Minerals: Huge Potential May Frustrate Near Term Investors

Seeking Alpha reported on Northern Dynasty Minerals’ (TSX:NDM) mining activities in Alaska.

As quoted in the market news:

The project is estimated to be the largest undeveloped copper-gold-molybdenum porphyry system in the world and contains a Measured and Indicated 67 million ounces of gold at 0.35 grams per ton, 55 billion pounds of copper at 0.42%, and 3.3 billion pounds of molybdenum at 250 ppm. Northern Dynasty has conducted a preliminary assessment and estimates that a 45 year mine project yields $2.4 billion post-tax NPV at a 7% discount rate.

Click here to read the full Seeking Alpha report.