Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

It Is Time For Copper Bulls To Consider Northern Dynasty Minerals

This article is about Northern Dynasty Minerals (NYSEMKT:NAK). Northern Dynasty Minerals has a market capitalization of $190 million. It is a 50% owner of the Pebble Mine in Alaska.

(click to enlarge)

Pebble is one of the largest mineral deposits in the world. It contains mostly copper with some gold, molybdenum, and other metals. Assuming that it goes into production it will be an incredibly large and profitable producer that will enrich Northern Dynasty Minerals' shareholders.

Why, then, does the company have a valuation of just $190 million? The answer is that environmental groups worldwide vehemently oppose the project. They are concerned that the mine will disrupt the salmon fishing industry to a point of devastation, and that...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details