Northern Dynasty Minerals Ltd (NAK)

[niknaks]

NAK is like a massive rocket with cobwebs. It’s been grounded so long it’s hard to believe it can fly. Padlocked by the previous administration, it seems impossible that it will take off. Those who would mock investors for expecting it will soon fly might seem justified. Reviewing the stock however, we see it has flown, straight up! In early December 2011 the stock meandered up to $10/share. Gold bolted higher and NAK, only having a partner and hope of a future, jumped to $16 in early January and then peaked two weeks later at $21 per share. This time is much different. A partner is inferred by a scheduled permit application, with a victory speach at the WH highlighting what will certainly be about the submitted application and details of the environmentally safe mine. We now have a stock with 3/4 billion spent in validating ‘fuel’ and a CEO holding a lit match ticked with the many ‘short’ sighted players. Now, I have limited brain cells, but when I rub them all together I can’t imagine why anyone would short this stock!