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I noted that in my posts here on Friday. I posted the article, written by the CEO of the BBEDC (Bristol Bay Economic Development Corporation) which is negative on NAK, but included a statement by the author that partnership would happen by the end of the month. I expect it could be just a misstatement by him, and he meant end of this quarter, however you never know.
From the Article:
At the same time, Northern Dynasty Minerals, a junior mining company with no mining experience, is searching for an investor to pursue the development of the Pebble mine and has indicated it will announce a new partnership by the end of this month.
It is what ever you want it to be. It's information and projections. I think you are trying to over analyze its purpose.
Huh? Read it. It's self explanatory and in large print.
Actually, NAK could be an EXCELLENT buy for both short term for trading, and also for a long term investment hold. NAK is especially good for a trade with financial Partnership or Partnership's expected to be announced near term which might be just a little over a month away, September/October according to the just released Cantor Report. Of course that could even be sooner, with NEWS coming in August. You definitely want to be in the stock before the NEWS and not try to chase it afterwards.
After that, the News cycle should be accelerated with Permitting updates and infrastructure progress reports regularly released long term, culminating in Mine Operations starting with the share price steadily increasing as an investment going forward.
https://www.docdroid.net/MlNolSv/northern-dynasty-minerals-ltd-cantor-fitzgerald.pdf
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NAK - Check this out - Pebble Project Economic Value -
https://corporate.pebblepartnership.com/files/documents/Economic-Value.pdf
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I believe they (Cantor) are getting strategic input from NAK, as much as possible without acquiring inside information. Cantor was bold and to the point about their expectations of multiple Partnership interest coming to fruition in the near term. I would expect substantive News from the Company at any time.
The stock is effectively pricing in a negligible likelihood of Pebble attracting a JV partner, and we believe that not only are a consortium of large-tier mining companies lining up to take a stake in Pebble, but that this is a very near-term event (September/October). As such, we believe the case for owning NAK/NDM over the immediate term is compelling.
From the report:
The stock is effectively pricing in a negligible likelihood of Pebble attracting a JV partner, and we believe that not only are a consortium of large-tier mining companies lining up to take a stake in Pebble, but that this is a very near-term event (September/October). As such, we believe the case for owning NAK/NDM over the immediate term is compelling.
Bullish Company Update from Cantor Fitzgerald on NAK - July 21, 2017
https://www.docdroid.net/MlNolSv/northern-dynasty-minerals-ltd-cantor-fitzgerald.pdf
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Pebble Partnership Economic Study
https://corporate.pebblepartnership.com/economics
From the article -
is searching for an investor to pursue the development of the Pebble mine and has indicated it will announce a new partnership by the end of this month.
Yes, I agree, but read what he says. He says the partnership will happen by the end of the Month! This is actually a buy signal for NAK investors, not a sell!
New partner won’t change Pebble to gold
https://www.adn.com/opinions/2017/07/20/alaskans-remain-opposed-to-pebble-project/
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This article from Seeking Alpha may have hurt the price today -
A Sisyphean Tragedy Looms At Northern Dynasty Minerals
https://seekingalpha.com/article/4088002-sisyphean-tragedy-looms-northern-dynasty-minerals
There would have to be massive dilution over a 4 year period for "many" Reverse Splits to happen. Of course dilution could be a problem going forward as NAK has no income to pay its bills and no financial partner yet to pump some cash into the company.
The longer it takes to get that partner, the more dilution will have to take place to pay all the lawyers, company officers, consultants, and other costs to finance the as much as 30 month permitting process.
Of course terms of a contract with a partner might also include hundreds of millions of shares in NAK stock issued and going to the partner or partners as well. It depends on who the partner or partners will be and what they will require.
That is something that bothers me somewhat as far as dilution and its effect on the share price long term. NAK needs to partner before dilution starts to erode the share price significantly and the spike up in price on any partnership announcement happens starting from these levels or a price .10 to .20 lower, and not much lower prices caused by significant dilution and shareholder frustration with the passing of time that would contribute to the selling.
Mining News: Pebble unencumbered
EPA launches process to undo Obama-era limits on mine development permits[/b
http://www.petroleumnews.com/pntruncate/619034045.shtml
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Both major project milestones – re-partnering and initiating permitting under the CWA and NEPA – are expected to be achieved in the near term.
Scared you at the perfect time. NAK now 1.47 x 1.48
Could be. Anglo American is thirsty for Copper.
Nice move up. Buying pressure coming back in this morning.
Looking for more buying pressure to come in. Maybe another major Institution buying in, or a few current Institutional investors increasing their holdings. Like to see the price move back up into the 1.60's.
That happens with a lot of speculative stocks. NAK needs the official financial backing Partner to take it up and out of these under $2.00 levels. If anyone noted this from the CEO's statement, it appears to me that the Partnership is coming sooner that some may think. Notice he says both major milestones will occur in the near term and the re-partnering will happen coinciding with initiating the permitting, not after the permitting process is completed.
Both major project milestones – re-partnering and initiating permitting under the CWA and NEPA – are expected to be achieved in the near term.
Right. And you never know when some kind of Major Announcement is going to come from the Company. When the CEO say Partnership or Re-Partnership in the "near term," that could mean days, weeks, or months. Potential partners are probably already being vetted and NAK should now be back on the radar of big players in the Mining and Mining Investment field. They could already be very close to a deal being struck.
You called it right yesterday. The stock is News driven, however sometimes it spikes up .20 or .30 cents seemingly out of nowhere, so you have to watch it closely. Of course as the permitting process goes forward and a Partner is announced, its game on.
Northern Dynasty is now focused on qualifying and securing a new major funding partner for the Pebble Project, while the Pebble Partnership is advancing plans to initiate federal and state permitting with a smaller, environmentally-optimized project design. Both major project milestones – re-partnering and initiating permitting under the CWA and NEPA – are expected to be achieved in the near term.
NAK trading up after-hours.
I think this widely reported News may have needed a day to disseminate to investors unfamiliar with Northern Dynasty Minerals. Tomorrow's trading may be interesting.
NAK gave opportunities to take some profits today. Disappointing that the price couldn't hold gains, but the selling into the News eventually overwhelmed buyers today. 10.2 million in volume today. We'll see what happens tomorrow, and going forward, as the ever looming Partnership or Re-Partnerships process closes in. CEO says the time is near. That announcement should bring much larger sustained gains.
Price moving up - 1.53 x 1.54
Northern Dynasty is now focused on qualifying and securing a new major funding partner for the Pebble Project, while the Pebble Partnership is advancing plans to initiate federal and state permitting with a smaller, environmentally-optimized project design. Both major project milestones – re-partnering and initiating permitting under the CWA and NEPA – are expected to be achieved in the near term
LOL.. back to that strategy again. That is from last February.
And right back up into the 1.50's.
Meaningless??? The stock closed at 1.46 yesterday. The HOD so far is 1.64, with 5 million in volume in the first 80 minutes of trading. The price will move back up as early sellers move out.
Gold and Silver prices surging up today as well.
Fox Business News Covering NAK EPA News
http://www.foxbusiness.com/markets/2017/07/11/epa-taking-comments-on-lifting-proposed-mine-restrictions.html
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Wall Street Journal covering NAK EPA News -
https://www.wsj.com/articles/epa-moves-to-roll-back-proposed-restrictions-on-alaskan-mine-1499823880
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"We believe the project design we are preparing to advance into permitting, as well as the social and stakeholder programs and commitments we are building around our project, will address many of the priorities and concerns we have heard from stakeholders in Alaska," said Northern Dynasty President & CEO Ron Thiessen. "We have every confidence that a permitting process led by the Corps will be objective and science-based, and provide us an opportunity to demonstrate that Pebble is a project of merit that will provide very substantial benefits to the people and communities of southwest Alaska, the state and nation as a whole."
Northern Dynasty is now focused on qualifying and securing a new major funding partner for the Pebble Project, while the Pebble Partnership is advancing plans to initiate federal and state permitting with a smaller, environmentally-optimized project design. Both major project milestones – re-partnering and initiating permitting under the CWA and NEPA – are expected to be achieved in the near term
Next Announcement --- Substantive Financial Partnerships --- it's all good!
NAK has gapped up 1.65/1.68 post Market Trading!
**** NAK NEWS ****
Northern Dynasty: EPA initiates process to withdraw its Proposed Determination
http://ih.advfn.com/p.php?pid=nmona&article=75216952
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