Is Northern Dynasty Minerals, Ltd. a Buy?
Investors have come running back to Northern Dynasty Minerals (NYSEMKT: NAK) in the past 12 months, thanks to the sudden turnaround in the mining company wannabe's prospects. New deregulation-friendly leadership at the U.S. Environmental Protection Agency have paved the way for the expansive Pebble Project in Alaska, the world's largest undeveloped copper and gold mine in the world, to continue being developed.
The bulls think the massive untapped potential of the Pebble Project alone justifies carving out a spot for the company in your portfolio. The bears think the long road ahead -- Pebble Project won't come online until 2024 even if everything proceeds smoothly -- provides enough reasons to worry.
With both sides in mind, is Northern Dynasty Minerals a buy?
Source: Fool.com
