Northern Dynasty Minerals Ltd (NAK)

[usaphilippines]

LMAO the bears on NAK are also bullish on a Chiy-na TEA-BITCOIN dilution stock that just R/S. At least Ron hasnt fleeced longs by an R/S here.
Penny stocks are what they are but a little hypocritical on the bears to be cheering on a massive dilutive chinese stock that reverse splits tgat went from $12 to .004 literally the lowest I have rver seen a naz stock, at least this POS stock doesnt do an r/s once a year.
Chiy-na stock almost breaking new all time lows this morning. These bears are too funny.

[usaphilippines]

Con artist Ron laughing all the way to the bank

[Zilidium]

Ask and you shall receive.
U.S. Supreme Court denies Alaska’s bid to revive Pebble mine proposal blocked by EPA

[usaphilippines]

You are bullish on BETS but NAK you are not? LOL! At least this isnt a multi billion chiy-na tea and bitcoin scam thats facing a reverse split. Ron may be a scumbag CEO but at least its a legitimate project, thats only stopped by soe ual interest groups and unelected officials

[KenKong]

Idk. But back over .40

[MagicalMaverick67]

I guess the Supreme Court case requested by the state of Alaska will be an interesting item to watch. When would SCOTUS signal any intent to take up case or reject? What is their timing. 1 year? 6 months?

[wshaw14]

Your statement can be reversed and be very true.
This government has a long history of misleading the public, their shareholders, and the company, has proven over and over again, they (the gov) will do and say anything, regardless of the truth, to try to stop the project .

While I do not think NAK are angels, I do believe that because of political agendas the Gov officials have vastly over-reached their authority. on this and many many other matters in recent years

[Scotttrader80]

whoops a whole month later and this hole in everyones pocket is back to .33 cents on its way to .20

[Scotttrader80]

DELAYED: https://finance.yahoo.com/news/northern-dynasty-u-army-corps-235500856.html

[stock1ace1]

.41

[KenKong]

Now double the 10 day avg volume … somebody wanting in slowly???

[KenKong]

Blown past the 10 avg daily volume already.

[stock1ace1]

.395

[KenKong]

.395

[stock1ace1]

.37

[Scotttrader80]

The Supreme Court has not weighed in. Frederick said a decision about whether to take the case might come by January.

Regardless of what happens in court, the Pebble project faces another obstacle, Shively conceded: the loss of access to land that the company planned to use for a road to the mine site.

Land owned by the Pedro Bay Native Corp. that the Pebble Limited Partnership had planned to use for a road link to the mine is now protected from development through a $20 million conservation project.

[Zilidium]

Nak .3554!

[stock1ace1]

Nak .35

[TRAPPER JIM]

Good luck

[TRAPPER JIM]

Market has been doing good lately

[Lottalead]

Still holding.

[Lottalead]

I’m in

[stock1ace1]

Watching for .35 break !

[stock1ace1]

Nak .34 ***

[Zilidium]

https://www.adn.com/business-economy/2023/11/14/debate-over-pebble-mine-in-alaskas-bristol-bay-region-moves-to-dueling-supreme-court-briefs/

[Zilidium]

No idea, but here is an example to chew on:
The process of payout in a class-action lawsuit involving securities can be complex and usually involves several steps. Here's a general overview: For the sake of discussion let's assume you had 10,000 shares.

Calculation:
Settlement Fund: After legal and administrative fees, the remaining amount of the settlement fund is distributed to the class members. If the awarded amount is $6,400,000, a portion will go towards attorney fees, administrative costs, and possibly named plaintiffs (those who initiated the suit).

Distribution Plan: The court will approve a plan for how the remaining settlement fund is to be distributed among eligible class members. This often involves a formula that takes into account the number of shares you owned, the duration for which you owned them, and other factors.

Pro Rata Share: Generally, your share of the settlement will be proportional to the number of shares you held, often adjusted for various factors such as the length of time you held the shares, the timing of your transactions, and the total claims made against the settlement fund.

Example:
Let's say the settlement fund was $6,400,000, and after $1,200,000 in legal and administrative fees, $5,200,000 is left. Assume you owned 10,000 shares.

Total Eligible Shares: Assume there were 5 million eligible shares claimed in the settlement by all class members.

Your Proportional Share: Your share would be
10,000 shares/5,200,000 shares = 0.002 or 0.2% of the total fund.

Your Payout: 0.2% of $5,200,000 would be 0.002 \times 5,200,000 = $10,400.

This is a simplified example. Real-world calculations can be far more complex and may involve various adjustments, so expect less, maybe a lot less.

Things to Note:
Minimum Payouts: Some settlements have minimum payout amounts, and if the calculated amount falls below this threshold, you may receive the minimum amount or possibly nothing.

Unclaimed Funds: If there are unclaimed funds after the initial distribution, a second distribution may occur, or the remaining funds might go to a court-approved entity or cause.

Tax Implications: Remember that there could be tax implications for any payouts received.

[Musicman99]

Dang so we’re getting a fat payout? Probably at least $1,000 a person?

[Zilidium]

Class action stuff:
If you purchased your stock on a US based exchange/broker you should be automatically enrolled in their automated class action claim recovery service (the ?Class Action Service?), you may opt out of this particular class action lawsuit if you wish. Otherwise, your account will be included in the group of clients eligible to receive a class action settlement for NAK.

official web page for claims: https://www.northerndynastysecuritiessettlement.com/ Claim forms found here: https://www.northerndynastysecuritiessettlement.com/Home/SubmitClaim

I'm not a financial or legal advisor, but generally speaking, here are some steps you might consider taking if you are eligible for a payment from a proposed class action settlement:


Research and Verify:

1. Check the Settlement Notice: Look for an official notice about the settlement. Mine came in September. Through my brokers notification email service with the title "MS WM Class Action Participation Opt Out" . These notices are usually disseminated via mail, email, or through the class action's official website. The notice will generally have details about how to claim your share.

2. Confirm Eligibility: Ensure you meet all the eligibility criteria. This usually involves having bought or sold the security in question during a specific time period and through specific venues.

Filing a Claim:

1.Locate Claim Forms: The settlement notice will typically direct you to where you can find the claim forms. This could be a website or a physical address where you can request forms be mailed to you.

2. Fill Out the Forms: The claim form will generally ask for details such as your name, contact information, and details about your security transactions (buy/sell dates, number of shares, price, etc.). You may need to provide proof of these transactions, so be prepared to attach any necessary documentation.

3. Submit Before the Deadline: Make sure you submit your claim form before the deadline mentioned in the settlement notice. This could involve mailing the form or submitting it online.

Submit a Claim Form Postmarked No Later Than December 14, 2023.

Verification and Payment:

1. Wait for Verification: After submitting your claim, it usually goes through a verification process to ensure eligibility.

2. Payment Distribution: If your claim is approved, the settlement funds will be distributed as specified in the settlement agreement. This can take some time, and payment methods may vary (e.g., check, direct deposit, etc.).

3. Legal Fees: Note that legal fees are generally taken out of the settlement fund before distributions to class members. These will be detailed in the settlement agreement.

Additional Steps:

Opting Out or Objecting: If you disagree with the settlement terms, you generally have the option to opt out or object. However, doing so might forfeit your right to any settlement payment.

Tax Implications: Consider discussing the tax implications of the settlement with a tax advisor to understand how this may impact your tax situation.

[Zilidium]

$6.4 Million. https://alaskapublic.org/2023/06/13/pebble-mine-company-to-pay-shareholders-who-claim-they-were-duped/

[TRAPPER JIM]

I never tried to email them. I’m sure they aren’t allowed to say anything to anyone about it anyway

[Joe Kaplan]

Re Music... What type of compensation you think we could get?

I had a significant position, for me, in the lower 5 figures, with Barrick Gold a number of years back, easily over 10 years ago...

Barrick got sued similiarly.. I had lost a bunch of dinero...........It took a lot of work to put together all the trades and data required for the suit....
Then it took YEARS for a judgement.....Always thought it would be a nice payoff from the suit...
I finally wound up with a check for less than $20 bucks in a final settlement.... It wasnt even worth the time to put all the paperwork bull sheet together.. The lawyers are the only ones that make any money. Plain and Simple. Maybe some huge Fund Accounts get a few bucks.

Sadly no one likes to take a loss, but if anyone thinks this suit will amount to a big jackpot they are delusional IMHO. Lawyers file suits all the time against wall street stocks

[Musicman99]

They haven’t responded to my email. What about you?

[TRAPPER JIM]

I haven’t a clue how much.

[Musicman99]

What type of compensation you think we could get? I haven’t received an email back yet

[Scotttrader80]

Its not going to be Northern DIE Nasty

[Joe Kaplan]

https://www.zerohedge.com/commodities/copper-critical-americas-new-energy-economy

Anyone know a company that has incredible large vast amounts of copper waiting to be mined for developing a new energy grid and powering EV production. ?

I bet plenty of countries would like to have an asset like that.

Maybe we can import copper from China eh ?

[TRAPPER JIM]

I got an email today about a class action lawsuit. You may be impacted if you transacted on or held this security between 2017-12-21 and 2020-11-24.

[Maniek]

Yes, yesterday.

[Musicman99]

Anyone get an email about a class action lawsuit? Is it worth doing?

[continuity]

Stepped aside for now. I will be back.

[Scotttrader80]

Wait until the .15's show up

Pebble Limited Partnership (“Pebble Partnership” or “PLP”) has been informed that the Alaska District of the U.S. Army Corps of Engineers (“USACE”) was granted a fifth extension of the deadline to communicate the plan on how the District plans to move forward with its reconsideration of the administrative record after remand. The Division Commander approved the request for the 60-day extension and the revised deadline is now November 27, 2023.

in the meantime, enjoy being a bagholder like many before you

This mine is NOT being built, wake up

[K1]

insert-text-here

[continuity]

I will be buying more. We are all waiting on news.

[Scotttrader80]

So..... what happened? The share price is sinking, Im guessing the Armys decision wasnt as stellar as traders hoped creating new bag holders

[Hulk Hogan is God]

DOWN she goes brother :)

[Zilidium]

Rick is well known in these parts. He has his opinions and that's a good thing, but he is quoting 13 year old public opinion polls. Pebble has not been on most Alaskans radar for more than a few years. Here is a 2010 from the other side that differs considerably evil greenie poll. Yuck! . And for me, when you read articles that demonize the opposite view, biased red flag. Why demonize the other size when facts should do. We are all entitled to our opinions and that should be good enough but unfortunately Rick, like most, has an agenda and a fan base to support.

Not sure if you know much about Rick:
Rick Whitbeck is the Alaska State Director for Power The Future, a national nonprofit organization that advocates for American energy jobs. https://powerthefuture.com/projects/

Am I in this stock, not presently, will I get back in, depends on if I live long enough.
Good Luck

[Scotttrader80]

3rd Generation Alaskan August 9, 2023 At 9:30 pm
Mr Whitbeck may not have learned that Northern Dynasty lost a 6.4 million dollar fraud case and were caught lying about the size and value of the mineral deposits defrauding investors 2 months ago.
They have also lost all partners, Anglo American, Mitsubishi, First Quantum Minerals and Rio Tinto.
Mr. Whitbeck has never mined or likely has never been to the area which I have and I have commercial fished.
The defunct pebble prospects claims are worth 0 and they are prohibited to open a mine by U.S. Army Cor. of Engineers and EPA and are to stay the hell off Red Salmon spawning grounds.

[continuity]

https://mustreadalaska.com/rick-whitbeck-greens-should-follow-the-science-on-pebble/
With that in mind, Northern Dynasty Minerals (NDM), the company spearheading Pebble’s development, adapted its mine plan to remove the most contentious parts. The revised development process no longer used cyanide in the processing of the minerals, nor was a massive earthen dam going to be used to permanently store tailings, which opponents claimed could fail and send millions of gallons of poison and toxics into the watershed. NDM shrunk the proposed footprint to a fraction of the original and worked through the NEPA process beginning in 2017, with a Final Environmental Impact Statement (FEIS) issued in July 2020 by the U.S. Army Corps of Engineers, finding – without ambiguity – the mine would have no significant impact to the Bristol Bay fishery.

[Scotttrader80]

SP is reacting like its a NO GO,

take profits if there are any then RUN away from this dog

[Zilidium]

Ah, so you're under the illusion that the digging might actually happen? Let's talk hurdles, shall we? First off, folks around these parts are about as enthusiastic about this mine as a cat is about a water park. Have a gander at this recent poll . Democrats, Republicans, Libertarians, and even the tree-huggers—every flavor in the political Baskin-Robbins—think this mine stinks.

And then we have Murkowski, Peltola, and Sullivan in opposition. For crying out loud, even Tucker Carlson—yes, that Tucker Carlson—finds this mine about as appealing as vegan bacon.

You might think, "Oh, but what if we cut through the red tape? Bypass the EPA and ACOE?" Well, good luck with that. You'd still have to leap through flaming legislative hoops. Why? Because the Bristol Bay Fisheries Reserve requires legislative approval from practically everyone and their grandma, courtesy of a 2014 public initiative. Pebble will also need a VIP pass from the Lake and Peninsula Borough, and various private landowners, just to lay down some pavement.

But don't worry, there's a glimmer of hope in the form of The Corrupt Bastards Club. That's reassuring, right?

You may find a tidbit of good news tomorrow, but if you're looking long-term keep that four-leaf clover handy.