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Dumb money has been saying there is nothing wrong with the company all the way down from $3.50 to .49 cents. Smart money got out at $2.00 and listened to the warnings here which have been 100% correct. Dumb money still can't figure out that there actually is something wrong with the company. For starters - look at the share price!
Here's a clue. The warnings here started when the stock was trading at $2.00 after falling from $3.50 and then crashing from $2.00 all the way down to .43. Some of those late to the game apparently never checked the horrendous tanking price history of the stock before buying it. All of it forewarned by the voices here who said it would happen and have been 100% correct in their warnings. So Geee's come on... lol
Sad state of affairs here now. Scratching and fighting over fractions of a penny up or down in price. Bottom line - NAK last trade: .496 - The frequent warnings here remain 100% correct. Those that heeded the warnings, saved countless thousands of dollars. Those that ignored the warnings have paid dearly for that mistake.
Insiders buying as well. CEO bought 10,000 shares yesterday -
https://ih.advfn.com/p.php?pid=nmona&article=78087883
https://ih.advfn.com/p.php?pid=nmona&article=78080076
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NAK trading at .50, only $99.50 away! Dorothy now crying with laughter!
Dorothy doesn't understand the "calculations." I will ask her again later, as she is still rolling on the floor laughing. The problem is, every time I say $100.00 per share, she starts laughing again.
So NAK is now trading at a miserable .50 per share, and the "studied opinion" is that it is going to $100.00 per share! Wow.... I think we have definitely entered the mythical land of OZ, and even Dorothy is shaking her head in disbelief.
Weak rebuttals can use all the colors of the rainbow and still cannot dispute the FACT that the citizens of Alaska OVERWHELMINGLY REJECT the TOXIC Pebble Mine Project.
Yeah, Ok.. so now mine proponents are claiming the TOXIC PEBBLE MINE is a National Security Issue..... Better call out the National Guard and deploy them to Alaska to guard the TOXIC Pebble Mine. It's a National Security issue don't you know. I do believe we have officially entered the TOXIC MINING Twilight Zone.
Nothing has changed. The majority of Alaskans still oppose the TOXIC Pebble Mine Project. The only ones who are kidding, are those who are kidding themselves.
You keep digging. Show me the poll in ANY year that shows a statewide majority of Alaskans support the Pebble mine. What I posted are FACTS, and that is the vast majority of Alaskans oppose the Pebble Mine and will support the Stand for Salmon Ballot Initiative.. Now you show me the polls that say the majority of Alaskans statewide are in favor of the Pebble Mine and will oppose the initiative.
https://www.nrdc.org/experts/taryn-kiekow-heimer/new-poll-finds-62-alaskans-oppose-pebble-mine
http://www.kdlg.org/post/new-survey-reaffirms-bristol-bay-residents-are-against-pebble-mine#stream/0
https://www.adn.com/opinions/2018/07/18/alaskans-not-outsiders-oppose-pebble-mine/
Actually, it looks like it will pass, as the latest poll shows that 62% of Alaskans oppose Pebble -
Better yet - TOXIC DISASTER - proven to be true for shareholders!
Sherman..... This will bring your analysis up to date. The share price CRASHED from $3.50 to .43. EVERY single partner NAK tried to hang onto pulled out and ran for the hills, including First Quantum. The share price has floundered between .43 and .60 ever since. NAK is TOXIC to partnerships. NAK is TOXIC to SALMON. NAK is TOXIC to shareholders who watched their "investment" crash. The people of Alaska overwhelmingly oppose NAK.
I didn't "forget" to mention anything. I posted the Press Release stating that yet ANOTHER potential partner had given up on NAK. In fact, they have all deserted NAK. NAK share price now .58. Good luck finding another partner. NAK has proven it is TOXIC to partnerships.
https://ih.advfn.com/p.php?pid=nmona&article=77518430
Not an accurate picture, and not backed up by a link to the claims. Here is an actual up to date chart of institutional owners and the link to the charts.
Ownership Summary as reported in the most recent 13-F filings - NOTE: Increased positions 33, decreased positions 35, New positions 9, sold out positions 16.
https://www.nasdaq.com/symbol/nak/institutional-holdings
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Gold & Silver Price Update - July 25, 2018 + Silver Below $13?
Excellent statement of the facts slazenger7! What the pro TOXIC PEBBLE crowd neglects to admit, is that the stock CRASHED from $3.50 to .49. BUYERS have FAILED to move the price up since that miserable crash more than one or two pennies. To celebrate one or two pennies up or down is quite laughable! However it is understandable when such devastating losses have taken place.
Ohhh... So you are a successful NAK "investor!." Congratulations! Glad to hear you are in fat city and made a fortune trading NAK! However, your admirable success story does little to comfort those who are now BURIED under the catastrophic collapse of the NAK stock price, from $3.50 alll the way down to .50. But thanks for the great success story. I'm sure it will be comforting to NAK longs who are now hopelessly buried in this TOXIC NAK FIASCO!
Yeah, we've been hearing "get in and be patient, it's going to be a life changer" all the way down from $3.50 to .50. The only life changing that went on here was the financial destruction of any shareholder who listened to "those who get in now and are patient, could be a life changer." Those are the facts about how this stock became a "life changer."
School has been in session now since NAK Crashed from $3.50 all the way down to .50. Smart money listened to the warnings here that have been 100% correct in their predictions on the disastrous decline on this TOXIC MINING FIASCO. Dumb money keep coming up with excuses and rationalizations as to why the stock is in the crapper. Smart money got out. Dumb money stayed in.
The worst of luck for AG. Today turned out to be the worst time ever for releasing this good news. It was demolished by the metals crash. If you did't notice, Gold/Silver CRASHED big time today. That in effect, totally negated the good news from AG. However, going forward, if the Silver price recovers, AG should recover 2x to 3x the rate of recovery.
Lol... Yeah ok, so when the stock drops to .20 and then moves up to .23, there will be huge celebrations about how the stock has skyrocketed up to .23. Hello.... Earth to NAK shareholders, the stock has tanked from $3.50 all the way down to presently last trade of .483. . Celebrations of .01 or .02 "skyrocketing" increases, after .01 or .02 decreases, are truly hollow. Like I said before... You can't make this stuff up folks!
Congratulations on your "strong straight up move to .50" from .4813. I am literally LMAO... You can't make this stuff up folks.
The train has left the station all right, and it's heading right over the cliff.
First Majestic Produces a Record 5.1M Silver Equivalent Ounces in Second Quarter; Increases 2018 Production Guidance to 20.5M...
https://ih.advfn.com/p.php?pid=nmona&article=77872189
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Northern Dynasty: A Realistic View Of Smaller Pebble Mine Plan
Lol.. So every news story that opposes Pebble is "fake news," and every story that is pro Pebble is legitimate news. The only thing fake here is to pretend that owning this stock has not been a total disaster for shareholders. From $3.50 crashing down to .50 is not a fake crash in price, and the devastating losses suffered by shareholders here who did not listen to the advice of the smart money, who have been 100% correct in their warnings about NAK, are not fake losses.
The action was obvious. Look at the share price. It crashed in a death spiral from $3.50 all the way down to .50. Nuff said.
Op-Ed: Alaska’s Pebble Mine Somehow Just Got Worse
https://www.outsideonline.com/2311766/op-ed-alaskas-pebble-mine-somehow-just-got-worse
Governor submits letter requesting suspension of EIS in the Pebble Mine Project
Posted: Sat 2:01 PM, Jun 30, 2018 | Updated: Sat 10:37 PM, Jun 30, 2018
ANCHORAGE, Alaska (KTUU) - In a letter dated Friday and submitted to the U.S. Army Corps of Engineers, Alaska District, Gov. Bill Walker and Lt. Gov. Byron Mallott have requested the Corps suspend the environmental impact statement process in the Pebble Mine Project.
“The PLP (Pebble Limited Partnership) has yet to demonstrate to us or the Alaska public that they have proposed a feasible and realistic project. Without, at minimum a preliminary economic assessment, but preferably a pre-feasibility study, the corps will be unable to take a hard look at all the reasonable alternatives in the draft EIS,” the letter states.
The Pebble Limited Partnership wants to develop a copper and gold mine near a major salmon fishery in Alaska's Bristol Bay region.
Project details released earlier this year would indicate that the Pebble Partnership group has already made substantial changes to its development plans, including alterations that would lessen the negative environmental impact: Notables include a development footprint "less than half the size that was previously published"; they will focus on one specific drainage instead of multiple, limiting it to the North Fork Koktuli; cyanide use has been cut out.
In a statement released June 30th, The Pebble Partnership announced their feelings on Governor Walker's most recent request.
“We find it incredibly disappointing that the governor’s request to suspend the NEPA process is nearly identical to that brought forward by the anti-Alaska, anti-development Natural Resources Defense Council. We expect this type of stall tactic from ENGOs opposed to any kind of development but not from the Governor of Alaska and especially when the project is on Alaska land. Frankly, the governor does not make a compelling case to suspend the NEPA process," The Pebble Partnership said in a release.
The statement continues to argue against the action claiming that it will slow future investment which in turn will limit the states resource-related jobs potential. Pebble Partnership says it believes it can meet the technical and environmental standards of Alaska and call on the governor to believe in it too, not challenge the opportunity.
Opponents have primarily cited the adverse affects the mine could have on the local environment, well-known as a prominent fishing ground and fragile ecosystem comprising a variety of animals and natural resources.
The Natural Resource Defense Council sites that the mine would require building earthen dams as tall as 740 feet to contain about 10 billion tons of mine tailings and keep it from the surrounding environment and drain an extra 35 billion gallons of water from salmon habitat every year.
Commissioner Andy Mack with the Department of Natural resources says there are still too many unanswered questions about the project regardless of if Pebble Partnership believes that it can work to meet Alaska's standards.
In April, The Corps announced it would extend the timeline to June 29 for the public to comment ahead of an environmental review of the proposed Pebble mine.
Corps officials said an early draft of that document should be released publicly by the end of January of 2019.
KTUU’s Beth Verge and The Associated Press contributed to portions of this article.
http://www.ktuu.com/content/news/Governor-submits-letter-requesting-suspension-of-EIS-in-the-Pebble-Mine-Project-487028571.html
Not as TOXIC as the TOXIC Pebble Project!
Sherman...you must also know that Alaska has a lower poverty rate than the U.S. as a whole --