Posted on February 16 2017
With Bristol Bay sockeye salmon stocks on the upswing, the mining company that would potentially be their demise took a stock-market thrashing this week. Canadian firm Northern Dynasty Minerals saw its value skyrocket after Trump’s victory thanks to frothing investors championing the company’s prospects under the new regime. On Tuesday, however, New York-based Kerrisdale Capital Management (KCP) released a scathing analysis of Northern Dynasty's Pebble asset, outing it as a worthless boondoggle.