Northern Dynasty Stock Jumps After They Get Alaska Land Use Permit, But Hurdles Remain for Pebble
SEAFOODNEWS.COM [National Post] April 13, 2017
Northern Dynasty Minerals Ltd. stock closed up 32 percent Wednesday after it received a crucial permit from the Alaska government that could see its Pebble project clear a 10-year-long development hurdle.
The Vancouver-based company, which has also recently been the target of a short-seller campaign, said late Tuesday its U.S. subsidiary Pebble Limited Partnership has received notice of approval for a miscellaneous land use permit from the Alaska Department of Natural Resources.
Its stock closed up 32.4 per cent at $2.42 apiece on the Toronto Stock Exchange. Shares had been on a tear, rising nearly 300 per cent since the November election of U.S...
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