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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (16576)	8/13/2003 12:31:41 AM
From: loantech	Read Replies (4) \| Respond to of 39344

Claude, If you want I can find her for you she lives in Oregon and I can get you a tour of her placer claims?? Are you the gentlemanly sort unlike Camp Cat Wayne and myself? That is what she is looking for my friend. <g> I don't subscribe to Raulston but got this in a free email, any comments on Northern Dynasty?: Gold For $1 An Ounce This tiny company controls one of the largest undeveloped gold deposits on the face of the planet. This Special Issue of Resource Opportunities is devoted to Northern Dynasty (NDM-TSXV; NDMLF-OTCBB) See the last page for important disclosure information. Extracted from the June 5, 2003 Issue of Resource Opportunities, when NDM traded at C$0.80 Northern Dynasty is in the midst of acquiring a 13 million ounce gold deposit -- an immense deposit that ranks among the largest and most attractive undeveloped gold deposits in the world. Managed by one of the most successful mine development groups in the industry, this company is advancing so quickly that investors simply can't keep up. As a result, the share price at the moment doesn't come close to reflecting the value of what the company has today, let alone the potential that will be unlocked over the coming weeks. Northern Dynasty's Pebble deposit, in southern Alaska, has gone through a dramatic transformation over the past few months. Few investors yet appreciate the significance of those changes. For example, the company recently announced the results of an independent resource estimation. That study, combined with the engineering work completed by a major mining company and updated cost estimates, demonstrates that the deposit is not only massive, but is economically attractive, even at today's metal prices. This vast deposit comes with an entire district of highly prospective exploration land. The potential of that district was amply demonstrated by the discovery of no fewer than four additional deposits in the course of the first season of exploration drilling. There are very few well defined deposits as large as Pebble, and none that come with an entire district of exploration potential. This is exactly the kind of world-class project that the largest of the world's mining companies desperately need to replace their dwindling reserves. The majors are doing more than taking notice: They have already started talking to the company. An Entirely New Story The Pebble project has advanced very quickly over the past few months and Northern Dynasty's management has only just begun to tell the updated version of the Pebble story to analysts and to major mining company executives. The response has been overwhelming. Here is a quick summary of why people who have looked closely at the updated details are excited about Northern Dynasty: The Pebble deposit has an inferred resource containing 13 million ounces of gold plus 6.8 billion pounds of copper, as defined by 110 drill holes, and estimated by a highly regarded independent engineering firm. The gold content is much larger than previously estimated. An area of higher grade material has now been outlined within the larger deposit that could serve as a "starter pit" in order to quickly repay the capital cost of the project. That higher grade portion of the deposit is dramatically larger than previously considered, and there are excellent prospects to further expand the higher grade zone. Four new deposits discovered by Northern Dynasty within the district-sized land-holding demonstrate the potential of the property controlled by Northern Dynasty to continue to turn up new deposits. The state government and local residents are extremely supportive of the project and have already stated they are willing to participate in the development of roads and other aspects of the infra-structure. Cooperative development arrangements could substantially reduce the capital cost requirements from earlier estimates. A multitude of other potential improvements to the earlier engineering work are presently under review and could further enhance the project economics. An improvement in the metal prices beyond today's levels would also have a huge impact on the value of this enormous deposit. Any thoughts? tom