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I hope so, I picked up another 25k share block @ 1.85 today. So far I have flipped NAK for about $20K in profits over the last six months and hope to continue the good fortune trading NAK. At first I thought I had missed the NAK train this morning when I saw pre market News jack the price up. However as soon as I read the PR, I knew it was not what the" Nak to the Moon" $20 per share with vacation victory parties in Tahiti crowd was expecting. NAK will move up again. Theissen has more up his sleeve than just this announcement today.
There should be some upside now to NAK once the street digests todays News. I think there is probably more News in the pipeline to follow up on todays PR. I am looking for a move back up to the 2.50 levels again.
I have a feeling NAK has another announcement coming. CEO did say "partners" plural, during his last interview.
I tried to warn, but no one would listen. Maybe another partner will be announced for the other 50% and save the day for NAK.
BBNC (Bristol Bay Native Corporation) says it's not interested in working on a project it has openly opposed since 2009.
And your point is? If they voted it down 3 years ago, why would they not vote it down now? Public sentiment in Alaska regarding Pebble has not changed. If the "Save the Salmon" initiative is on the ballot next election, Alaskans who voted against it three years ago, will vote against it again.
I am so glad you posted that, because that way of thinking is exactly why Alaskans will vote down the People Project. Any potential JV partner can see that the residents of Alaska do not want the Pebble project, and and JV will need to know FOR SURE, that the "Save the Salmon" initiative that will be on the next election ballot will not be passed by the people of Alaska before they commit to billions of dollars in a project that may be dead on arrival.
Not so fast - Seems to me that statement smacks of hypocrisy. What do the miners as you say "rape the environment" for? For the profits of greedy shareholders who buy the stock and dream of getting rich with no effort on their part. So which are worse, the fishermen, farmers and ranchers who supply food, or the miners who supply metal from the ground, and riches for their fat cat corporate shareholders?
Yes, and chicken farmers are in business to KILL chickens, and cattle ranchers are in the business to KILL cows, and pig farmers are in the business to KILL pigs, and on and on. So what's the point? Once again, as far as the Salmon goes, they are protected from overfishing or destruction/pollution of their spawning grounds. Otherwise according to your theory, they would already be extinct due to the evil, selfish, bloodthirsty KILLER fishermen.
Whales aren't fish, they are Mammals. And it doesn't matter what I want or what I am for or against, it is what the people of Alaska want. I don't really care one way or the other, I just post what's out there on both sides of the argument.
Actually, miners are much more dangerous if the mine will destroy, or damage spawning grounds of the fish. Are you implying that fishing should be banned world wide because fishermen are causing fish to become extinct? To protect certain species of fish, Governments place limits on fishing in certain waters, and protect spawning areas, just like they put limits on mining near certain waters, or close enough to tributaries where pollution may negatively affect spawning grounds of a specific fish.
The people of Alaska understand this, and have voted overwhelmingly in the past to ban the Pebble Project. That's why If the "Save the Salmon" initiative gets on the next ballot in Alaska, the environmentalists will win and the Pebble Project will be voted down by the people.
Duhh... there will be no fishing of salmon, period, "industrial," (whatever that means), commercial, or otherwise, if there are no salmon to fish.
To propose that the entire economy of Alaska is dependent on one copper mine, a mine that is now being proposed as a "much smaller version" of the original, is patently ridiculous. Especially since that particular mine could threaten the massive salmon industry of Alaska, a loss which would have a much more devastating effect on the economy of Alaska than the loss of one "smaller version" mine.
OPINION: Alaska's future doesn't need Pebble Mine project to thrive
http://www.homertribune.com/article/1747alaskas_future_doesnt_need_pebble_mine_1
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The will of the people of Alaska has nothing to do with Democrats or Republicans, it has to do with the people of Alaska rejecting the Pebble Project in a referendem vote that will be on the ballot in the next election.
Actually, all that matters is if the people of Alaska vote the Pebble Project down when it is presented as a referendum on the next election ballot.
EPA Leaders From Past GOP Administrations Slam Proposed Pebble Mine In Alaska
“The record is clear: The Pebble Mine is fundamentally flawed ? it’s the wrong mine in the wrong place.”
https://www.huffingtonpost.com/entry/epa-pebble-mine-alaska_us_5a30592de4b07ff75afe8944
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It was June 5th 2017, not 10 years ago -
https://www.docdroid.net/zyTqPkf/northern-dynasty-minerals-limited-cantor-fitzgerald.pdf
So what. Speaking in Alaska at a first anniversary gala celebrating the 45th presidency is even better because Alaska is ground zero for everything that is happening with Northern Dynasty Minerals -
Thiessen must have heard me - price just popped back over $2.00
Theissen deserves a swift kick in the teeth if nothing happens this quarter yet again, after shooting off his mouth for two straight quarters that the JV partner deal would be closed.
I've seen them.
Ok, so here is something "factually correct." The site is about 100 miles from the prized fishing grounds to the south west. However, there are all kinds of creatures, including birds, fish, bears, and deer that are not 100 miles from the mine site.
It's all misinformation and environmentalist propaganda. The mine site is 100 miles away from any salmon.
He's a politician. He will go where the money leads him like all politicians end up doing. Pebble means huge revenues for Alaska. Governors love revenues.
Factually Incorrect -
Mining News: More Alaska mines
Gov. Walker calls for 12 mines; mining leaders say state can help sector
http://www.petroleumnews.com/pntruncate/602480401.shtml
Dude - actually you did declare it:
It might be released Early A.M. and it might not. It could be released during trading hours, or after market close. Why are you so sure News will be released in early A.M.? Do you have any information from the company that supports that declaration? Maybe it is unfamiliar to you, however experienced traders have seen times when trading in a stock is briefly halted during the trading day when something like a huge News event hit during trading hours, and buying volume spikes so high so fast that a brief halt is necessary to make sure trading can be conducted in an orderly fashion.
I'm thinking possible trading halt, and then minimum $3.50 to $4.00 initial price offered when trading resumes, depending on partnership details. Stock could then run to $5.00 to $6.00 short term.
Trades hitting @ 2.05 after hours.
2.00 x 2.01 with heavy buying coming in end of day.
Mining News: More Alaska mines
Gov. Walker calls for 12 mines; mining leaders say state can help sector
http://www.petroleumnews.com/pntruncate/602480401.shtml
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Hopefully, what Thiessen is currently "constrained" in talking about, will be part of the announcement that he seems confident will be coming in December.
I also heard this at the end of the presentation that many may have missed -