From Bad to Worse for the Pebble Mine

NDMWhile the financial picture for Pebble Mine owner Northern Dynasty Minerals continues its precipitous decline, the financial picture of their lawyers just keeps getting rosier.

Consider this……

As of March 2016, Northern Dynasty had 4.2 million in cash and cash equivalents. In the 6 months leading up to March of 2016 they paid their lawyers over 10 million.

They’re now scrambling to raise 15 million.

LINK (via: The Huffington Post)

At close today, their stock was trading at 36 cents.

Leave a Reply

Your email address will not be published. Required fields are marked *