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I don't know where you got 4 days. Most appear the next business day after a press release. Nothing new was said.
This is about options and speculation. Which is fine.
More money can be made on rumor than truth, sometimes.
Train wreck? That’s a little dramatic.
With that if Thiessen did reveal anything Material he has 4 days to file a 8k stating so. The NAK rocket isnt climbing in to orbit like all of the pom pomers have been clammering about all week, just the opposite the share price is going down the casement pipe as we type. It doesnt appear whatever he said thrilled the Market Makers or this low volume bleed wouldnt be happening.
Down .10 cents in the first hour of todays session? Not a good sign
Do we still anticipate news Friday? If so what are the thoughts on what that news will be? I’ve been following this stock for quite sometime, ready for reward.
Remember if they said anything of Material, it would have to have a filing. Therefore he didn't say anything new. So a decline in PPS.
This seems to be an easy "buy" or "hold." If there is a partner coming on board then this stock will take off... I see one person posting negative comments every time, but this stock seems like a win for anyone willing to wait through the shorts.
Letter from Smith Weekly International:
https://www.smithweeklyinternational.com/online/Wq36PU9b5ir8D901JhsdF90cgA1/files/mldR2hkdKV_Letter-to-CEOAdkerson-FCX-26SEP2017.pdf
Perhaps Thiessens presentation yesterday wasnt all that! NAK has been inching up in anticipation of his speech. Those who were present seem to be jumping off of this train wreck, regardless of who thinks they have a fly on the wall.
Mentally ill people must be trading this stock. LOL
glta longs
down a nickel on 165,000 shares? is NOT a good sign. If that continues NAK will be under a dollar by days end :(
CEO can't make that decision on his own, besides I doubt he's in need of money and looking for legacy more than quick cash.
Retail holds over 60%, my bet is price will be spiked to 1/3-1/2 of what will be sell price to replace as many retail holders as possible with the big money, then agreement announced a while after to make retail chase up
much higher. JMO
the CEO is 69. Sure he would take $9 and run.
If a bidding war would happen, these are the players
$RIO,$FCX,$ABX
So about $9.50 share purchase, doubt that will happen so cheap
letter making it's way around
https://www.smithweeklyinternational.com/online/Wq36PU9b5ir8D901JhsdF90cgA1/files/mldR2hkdKV_Letter-to-CEOAdkerson-FCX-26SEP2017.pdf
Lawyer for FMI (Freeport Mac) suggesting either
take a 25% stake in the project
or
buyout Northern Dynasty for 3.5B or lower
Naked shorts are as high as I've seen in several days. If their off sides then here comes Jesus. lol
glta longs
So now we wait until Friday to see what thiessen said
However tomorrow’s market action may reveal something
So what do you think if it doesn't produce a conclusive answer?
glta longs
"We believe the market's initial sell-off following the news misinterpreted an imminent positive partnership or buyout update."
Dated Sept. 26th
https://seekingalpha.com/article/4109462-northern-dynasty-minerals-partnership-buyout-news-imminent
I should have said last Friday's close.
Well @ close we regained back too last closing price.
After hour, who knows what will happen?
Not new, but Lemming food
4:10 in Colorado Springs
NAK:Partnership Or Buyout News Imminent
https://seekingalpha.com/article/4109462-northern-dynasty-minerals-partnership-buyout-news-imminent
We don’t know what time thiessen is presenting this afternoon or do we ?
However
There could be after hours trades if he. Speaks after 2 pm local time
Denver is 2 hours behind Wall Street
I think it is regaining its footing and well above the 13 EMA and should be supported by that moving average in the future but as a man once said... We shall see....
glta longs
Good job guys hold it up there
Only 1.8 million shares traded as of 11:25
It’s early
It appears to be gaining back some of the ground that has been lost.
Long on NAK.
MTG is in Colorado Springs.
If Thiessen gives a convincing speech this afternoon in Denver about his proposed mining plans and even hints at money coming in
The stock will go up
Tomorrow
In anticipation of that speech today
Who knows maybe the stock will go up
All in my opinion
Naked Shorts slowed down for Friday, but have picked up a little bit today although are not showing as much strength as usual. Maybe some RESPECT at last. Naw... lol
glta longs
Did you mean to say sometime in the 4th quarter ?
Another board said that the most recent quote was: "In this regard, the Company reports that it and its advisors are in advanced partnership discussions and expect to complete negotiations in the fourth quarter of 2017". Northern Dynasty has posted an updated corporate presentation on the homepage and in the Investor Relations section of its website. NAK will be giving an update Sept 26 PM at the Denver Gold Forum 2017
I agree. And I want to say for the record that it's pretty gutsy, or maybe risky, for a CEO to come right out and tell everyone that they were involved in take over or merger talks.
Although I guess per the letter of the law that is the correct way to do it, because then it was publicly disclosed. But he was very clear in his wording that these were rough, estimated time frames. Not hard and fast rules of law.
So as the timeframe nears, I for one appreciate him updating us. I don't think any of this should bring the quality of his word into question. He is the CEO of a speculative mining company BTW, let's not forget that. They make their money selling stock in mines, some of which don't even exist yet! It doesn't get much riskier than that!
If anyone forgets that fact, they have no business investing in this stock frankly.
I don't either soundguy.
Just because he made this statement back in July, I believe it was July,
we have to hold him to his word without any wiggle room.
I believe before the end of the year we will have a partner if all goes
well with the EPA.
Nothing is for certain in this life, otherwise we would all be
millionaires.
Holding long.
Me too.
glta longs
Stay long and you will be rewarded.
glta longs
I added today and expect higher prices soon
I don't understand all the negativity. The CEO of the company is keeping us abreast of negotiations. That's what half of you were asking for all along.
But now that he does it, everyone is saying sell, sell, sell! I don't get it.
Agreed, he said that. But can we believe it? He did earlier say "by end of third quarter". He's making it hard to believe what he says.
Obviously some of the short term traders are disappointed but NEVER has the CEO said anything like they are in ADVANCED negotiations with a partner. This is GOOD news.
glta longs
Thank you for your good wishes
All I can say is I hope for you guys the price hold up above 1.68. If that fails then it will not be looking good.
So far so good
I agree. The share price will hover at 1.74 or above in my opinion. Strong support at the 200 dma.
glta longs
I see this as near the bottom
With full support in the 1.40range as an absolute
However after the Denver gold conference I expect renewed enthusiasm and share price increase
Good luck but I don't see the rush. You will have a much better opportunity in the coming days
I’m trying to add quite a lot today
Will see how it goes
Once Thiessen tells the Gold forum there is NO PARTNERSHIP for at least 3 months the traders will be texting to SELL their $1.70's. Just last week NAK was trading .20 cents higher than this week. By Friday NAK will be in the $1.50's or LOWER
And if any of these Newletters puts out a hit piece, NAK will drop under $1.00 is no time.
Here come the SHORTS, ITS BLOOD BATH time
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