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Another leg down it appears for today. In that I do not hold this one overnight took a 35 cent loss but already had a cushion from previous trades. Watching for a reentry point again today.
Fireside Chat with Ron Thiessen & Marin Katusa
Interesting VALUATION view of a NAK investor based on the metals at the Pebbles site
Copper M+I = 57B lb INF = 25B lb tot = 82B lb @ $2/lb = $164B
Gold M+I = 71M oz INF = 36M oz tot = 107M oz @$1600/oz = $171B
Molyb M+I = 3.4B lb INF = 2.2B lb tot = 5.6B lb @ $5.5/lb = $30B
Silver M+I = 345M oz INF = 170M oz tot = 515M oz @ @$18/oz = $9B
Total processed value = $374B
In situ value = approximately 5% = $18.7b
500M share outstanding = $37.4 per share
In TOTAL INSTITUTIONAL INVESTORS have increased their holdings of NAK to 67,850.199 an increase of more than 50% in one Year
https://fintel.io/so/us/nak
RDC Breakfast 3/5/2020 featuring: Tom Collier
https://vimeo.com/395801339?ref=em-share
Got out of that trade at 9.10 back in again at 7.40
Consider myself LUCKY so far as GUSH has been very volatile lately
Could get burned so watching it closely
Fireside Chat with Ron Thiessen & Marin Katusa
Overall market stable for now. If we see no more effect of the coronus scare crap , NAK should return to trading in the 60s and then move higher.
Long term a LOT HIGHER. IMO with a long term view any PPS below a BUCK is a great price for a six month HOLD
Got some 8.40
Another "open secrete" about the Main Land Chinese Government is that they take the LONG TERM VIEW in their actions. Buying GOLD now shows their intent to have the Chinese Yen replace the U.S. DOLLAR as the main currency on the World Market , whether that be 10 years from now or a Hundred should the U.S. in time not be able to service it's debt. Giving them the DOMINANCE the U.S. currently has
U.S. based Pebbles Mine would serve to offset that DOOMS DAY POSSIBILITY
Bear in mind , NAK is only currently seeking to sell half of Pebbles and has 9 more yet to be proved up sites in that area.
Maybe it should be the U.S. Government that becomes the BO partner in the national interest. JMHO They could keep the GOLD and selloff the other metals to finance it. WIN WIN WIN for all parties U.S.
BTW: IF IF IF we go back to the GOLD BACKED U.S. DOLLAR , that would most likely set the price of an ounce of GOLD at something NORTH of $10,000
Your PREACHING TO THE CHOIR , NAK is one of my long term HOLDS. Not the only one but as you say an important one
POST BO $10 to $15
Watched yesterday flipped today for $1.10/share gain now back to just watching
Compared to the overall market , NAK held up extremely well today.
Fireside Chat with Ron Thiessen & Marin Katusa
Physical GOLD and GOLD stocks are not always in sync. Mining stocks should be viewed on a case by case basis. This corona virus has had it's affect on them AS well as the overall market. A correction to a more normal market can be expected once the virus is deem under control. In the SHORT term hard to have a solid view. LONG term see both GOLD and NAK higher. Do flip stocks myself short term when opportunity knocks but not too often
MAYBE and MAYBE NOT. Flipped this one twice in the recent past for a nice gain BUT only watching now
The overall market is DOWN 2.5 TRILLION DOLLARS currently since Friday. So a pullback from NAK's recent gains is no surprise. I bought a lot in the lower 40's and am prepared to do so again if it comes , though will likely buy more at any PPS blow a dollar in the coming months. PATIENCE IS KEY HERE
BO ??? You have any info links for that ? TIA
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AGREE , but like many watching to see what market effect still remains because due to this corona virus. Should not be any connection directly to NAK other than scaring people out of the market short term. It TOO will pass but how long , WHO KNOWS. Guess its a good thing the coming NAK milestones are still a few months away yet
Guess then I should hang onto my million plus share holdings then. LOL
Great to be holding them FOB as an added plus in that it makes my long term holding a lot easier to do
GLTA
Fireside Chat with Ron Thiessen & Marin Katusa
Gold spot price up another $35/oz already this morning to $1,684.75/oz
Can't really advise a flipper , that's TOO short term. All the info out there says HOLD till the later half of this year and be UP 5x to 15x current PPS
Add to that from what I last heard that the SHORT POSITION is up to 27M that should add a spark here in covering as we near the ROD and BO
Also think INSTITUTIONAL HOLDINGS will increase more from here. That number BTW does not include any added recently
SPOT GOLD as of this post stands at $1,637/oz
Could exceed $1,700 soon
Am expecting it to play into any BO price later this year
Seems past Delays now favor long term shareholders
In TOTAL INSTITUTIONAL INVESTORS have increased their holdings of NAK to 67,850.199 an increase of more than 50% in one Year
https://fintel.io/so/us/nak
NAK is a MINE DEVELOPMENT COMPANY -NOT A MINING COMPANY
THE PARTNER and THE BUYER will build THE MINE
DO SOME DD !!!
LMFAO YOU HAVE "NO PROOF" of that
IS THE ACOE ALSO LIERS ???
TICK TOCK TICK TOCK WE ARE IN YEAR 2020 THE FINAL LEG OF "SUCCESSFUL PROGRESS"
PEBBLES MINE WILL BE BUILT - COUNT ON IT !!!
The date of that podcast was Jan 23rd and NAK was trading below .45
Currently holding above .60
Not a BIG ADO IMO as Ron Thiessen is doing his JOB making progress in getting permits and THAT "License" LATER this year 2020. THAT IS WHAT IS ALL IMPORTANT not pumping the PPS
Some days Green , Some days are Red - THAT'S the market
LONG TERM NAK WILL BE DOLLARS HIGHER - so could CARE LESS about penny swings "SHORT TERM"
Leaked EIS for Pebble project buoys Northern Dynasty
https://www.northernminer.com/news/leaked-eis-for-pebble-project-buoys-northern-dynasty/1003814093/#.Xk2wbpplvoc.twitter
Fireside Chat with Ron Thiessen & Marin Katusa
Interesting VALUATION view of a NAK investor based on the metals at the Pebbles site
Copper M+I = 57B lb INF = 25B lb tot = 82B lb @ $2/lb = $164B
Gold M+I = 71M oz INF = 36M oz tot = 107M oz @$1600/oz = $171B
Molyb M+I = 3.4B lb INF = 2.2B lb tot = 5.6B lb @ $5.5/lb = $30B
Silver M+I = 345M oz INF = 170M oz tot = 515M oz @ @$18/oz = $9B
Total processed value = $374B
In situ value = approximately 5% = $18.7b
500M share outstanding = $37.4 per share
Just an opinion but view the trading range of NAK in the short term as having moved from trading above .40 to now trading above .60
Without major news see the slow move up with known events coming as more positive than large up spikes in that they cause large pullbacks with profit takers flipping
Rush to judge Corps’ work on Pebble EIS is unfounded
pencil Author: Tom Collier | Opinion clock Updated: 3 days ago calendar Published 1 day ago
Pebble Partnership CEO Tom Collier speaks to reporters Wednesday, Oct. 4, 2017 at Pebble offices in Anchorage. (Loren Holmes / Alaska Dispatch News)Buy This Photo
Pebble Partnership CEO Tom Collier speaks to reporters Wednesday, Oct. 4, 2017 at Pebble offices in Anchorage. (Loren Holmes / Alaska Dispatch News)
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When a copy of the U.S. Army Corps of Engineers’ preliminary Final Environmental Impact Statement (EIS) was leaked to the media, the rhetoric machine from project opposition groups went into full swing. It is worth noting that the Corps of Engineers shared this preliminary report with federal, state, local and tribal cooperating agencies for their review prior to releasing the final EIS to the public sometime early this summer. We were also provided with a courtesy copy with the clear understanding that it was a deliberative document for cooperating agency review and comment only. Since the document was somehow leaked, we felt it was important to point out the facts about what the Corps has actually done in its review of Pebble.
To begin, the Corps’ work is directly responsive to issues raised by other federal agencies — such as the Environmental Protection Agency. It is responsive to issues raised by members of Congress, specifically Senator Lisa Murkowski. And, it is responsive to the breadth of issues raised by the public. Every significant comment submitted by state and federal agencies has been carefully considered by the Corps of Engineers and is discussed in some detail.
The Army Corps’ work product has been transparent every step of the way. Every request for information from the project has been published on their website. The minutes from the cooperating agency meetings have been posted. The Corps has been especially open with interested members of the media. They have undertaken government to government consultations with more than 30 interested tribal organizations.
A review of the preliminary final EIS document shows that there is a solid technical foundation underlying every issue. While Pebble critics want Alaskans to believe there is nothing new in the document, a review of the executive summary shows some of the substantive changes that were made:
the air quality model has been updated.
the groundwater hydrology model has been updated (a major issue for the EPA).
new alternatives were introduced to further reduce project impacts.
expanded fish and wildlife impact analyses are included.
data gaps for wetlands were filled and updated.
The Corps of Engineers sought additional and updated management plans in order to fill gaps identified in the Draft EIS and to refine the impact analysis for the proposed project. These include: Reclamation and Closure; Invasive Species Management; Fugitive Dust Control; and a monitoring summary report. There are many more substantive improvements beyond this list.
The preliminary report also shows several steps Pebble has taken in direct response to public comments received last summer. For example, after concerns were expressed about potential subsistence-related impacts on the lower portion of Upper Talarik Creek, a decision was made to move the Northern Ferry Terminal (on the shore of Iliamna Lake) to an alternate location. A bridge crossing on the Newhalen River was moved to accommodate the discovery of cultural resources at the original crossing site. We also moved our Cook Inlet pipeline crossing by approximately 12 miles after marine surveys found a shipwreck. We proposed a caisson dock design for our port facility in order to minimize in-water impacts associated with our previous solid fill dock.
At multiple points in the document, the Corps of Engineers acknowledges comments and concerns that were raised during the comment window for the draft EIS. Since that time, the agency has done exactly what the National Environmental Policy Act review process requires. The Corps of Engineers has reviewed every comment that was raised – including those from federal agencies and Sen. Lisa Murkowski – and taken steps to address the issues. When the Corps of Engineers determined that no further action was required for an issue, it explains in detail the rationale for the decision.
One example is the Corps of Engineers’ decision that it was not appropriate to undertake a catastrophic tailings failure scenario for the project as requested by several commenters. It was deemed inappropriate based upon how we plan to manage tailings at the site by using thickened tails stored in a permeable, flow-through dam design. A key point from our perspective is that we made this design change in direct response to failures at other locations so that we could assure our stakeholders that our plan was sound. This is good news. The reason there is no need to model the type of failure that occurred at Mt. Polley is that we designed the tailings storage facility to prevent that type of failure from happening.
On the major issue that has been debated about Pebble for more than 15 years, the report concludes that the project can be developed responsibly and without measurable impact to the important fishery in Bristol Bay. It says that the job opportunities for communities closest to the project would be significant. Just because some do not like the findings from the Corps of Engineers’ work does not mean the process is flawed. The Corps of Engineers has managed a diligent and transparent process thus far. We are pleased that this draft of the Final EIS has been released to the cooperating agencies and tribal organizations involved in the process. We believe it shows that the process continues to move forward toward a Record of Decision by mid-2020.
Tom Collier has been CEO of the Pebble Partnership since February 2014.
Enormous copper-gold deposit in Alaska contains enough of this superalloy metal to supply global needs for 40 years
https://www.miningnewsnorth.com/story/2018/11/02/in-depth/critical-minerals-alaska-rhenium/5472.html?m=true