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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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From: 22jt3/27/2010 2:53:17 PM
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Northern Dynasty CEO Thiessen: Q&A

thestreet.com

...We know that there are a lot of companies that would be interested in owning a big piece of the Pebble project whether that is 50% of the project or 25%. Probably the easiest and best way to get to that position is with the acquisition of Northern Dynasty. I do believe that at the end of the day there will be a minimum of two and maybe as many as four companies who develop the project. It's unlikely that Northern Dynasty is one of those. Northern Dynasty will have been bought out of its position at some point in time.

...Normally companies trade in the 3-5 cents per pound of copper or in the $25-$75 per ounce of gold. And our copper value per share is probably a tenth of one cent or a half of one cent. Our value in gold ... is probably in the $5-$10 range. So there's lots of upside in the company.

...I've dealt with one of the companies in China, [a large] utility [company with] over 1 billion customers. They're the largest purchaser of copper wire in the world. And they tell me that they add to their distribution grid every year in China [which is] the equivalent of the entire electric grid of the United Kingdom.

...we've got 100 million ounces of gold and [90] billion pounds of copper ...

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