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Partially, but I am a Christian and support a controlled bill that only
allow states to have a limit on taxes imposed on the MJ industry.
Right now they are greedy as hell and it only exasperates the problem
of illegal drug trafficking by the cartels undercutting the state's price for MJ. It happened in Colorado and California is not far behind.
I say states price because the amount of taxes probably generates more
revenue for the state as one entity as it does for the multiple entities
involved to bring the MJ product to market.
Ah gee you really stepped into it now.
"for at least another 4 years"
Now they will say, see I told you he is a dictator.
They will grab ahold of anything for a talking point.
OMG!
It is bad enough now with just the house in control, I can't imagine
both house and senate in their control by the Dems.
Look at the S%%t thrown at the wall with nothing sticking by the house.
Even an impeachment by the house and virus brought on by the Chinese.
Who do you think the Chi-coms want as the next president of the US?
DUH!!
Not Trump, for sure.
How to you know that?
A republican speaker of the house during the Obama years, then in 2018
Boehner joined the board of Acreage Holdings, a cannabis corporation, to promote the medical use of cannabis and advocate for federal de-scheduling of the drug (a shift from his previous stance while in Congress).[90] In 2019 Boehner was named chair of the National Cannabis Roundtable, a cannabis lobbying organization.[91]
This could swing either way.
BTW he was a Trump supporter
No insults here, just telling the truth.
I have a substantial long position but I will not compromise my political
belief over my portfolio.
You could say I am hedging my position because I have a high stake in
a mining stock that the left is trying to destroy by an environmental
group (NRDC) working with China to stop the project.
Trump needs these mines to produce rare-earth metals and gold and silver
taking away the control of these metals by China where now that is our
main supply chain for these rare earth metals.
The Obama administration put a stop to this mine with the EPA,
This basically helps China.
Trump reversed all that and the mine is now going forward.
Anyone with a brain can see China's motive to take control of the world.
You see it now right in our country with Marxism running rampant
with violent protesting now going on.
You are supporting the revolutionaries which will be run by dictators.
That's right. Joe needs a little pot to get his mind right.
How about the joker that started it all?
Don't mention him huh?
How long has this company been selling this BS?
I got hooked into it about three years ago when the BS was more believable.
At this web page, cursor over to the left and click on silver bars.
The premium in some cases is upwards of 75% on some bars.
Crazy. As a physical silver holder, I have never seen this before.
https://online.kitco.com/kitco
This is absolutely insane.
Silver is a little over 24 bucks and gold is almost 2,000 but just look at
the premiums on Silver.
The ratio is still very high @ 80/1.
https://online.kitco.com/kitco
What other pick and shovel MJ stock that is doing well right now?
A little skepticism is always good.
No one can predict the outcome of anything 100% of the time.
There is a very good chance this mine will eventually go into production,
but a lot of known and unknown factors are still in play.
Go NAK!
Exactly as I predicted.
No volume, tomorrow, or the next day watch the selloff.
Typical sub-Pennie play where the stock isn't worth diddly.
It's just here for flippers to turn a quick profit.
I've seen this with so many sub-pennies and it is sickening.
Seeing a little interest all of a sudden?
Taking sides with China?
I got a reply from a Scottrader like poster that said no production for
10 years and it will go down to .30.
No way if a major partners with Nak it will get done in 3 years or
maybe a little more but no way will it take ten years.
Looks like a up\down play for quick profit or loss only,
That is all it is good for.
What a waste.
In less than 2 weeks the gold to silver ratio has dropped 11 points from
a high of 91/1 to now 80/1. Still way too high.
I wish I had the extra cash to buy silver bars now.
About a 12% greater difference on the side of purchasing silver over gold
two weeks ago.
Ah yes, the CCP working with the US environmental groups to try to kill
this project along with the Dems.
Just look at what the last administration tried to do.
Thanks to Clay trader and his minions.
The gold and silver charts are going to the moon like a rocketship.
This should really juice NAKs pre-market and open tomorrow.
I have mine locked in for three months at a high selling price.
Why no hint even on a partner(s) or a buyer in the wings?
It is still a hot potato or NAK is asking too much money on a buyout
or partnership.
That's typical. Good news and the stock tanks.
Makes a lot of sense.
Go figure.
Profit-taking is the name of the game.
I am just holding tight as longs do.
I should have added in my last post.
Have we learned anything at all about relying on other countries like
Chins for some of our supply chain in this global pandemic.
Apparently not, from the left at least.
Nothing is a given.
If it was we would all be multi-millionaires.
I remain cautiously optimistic and everyone here probably feels the same
way.
This has been a political football game from the getgo.
You have the left, environmental groups with China and the Bristal Bay
fisheries trying to halt this project.
Even a Republican Alaskan senator siding with the environmental groups and
the fisheries.
On the other side, you have a country that wants more precious metals
and mineral independence instead of relying on China and other countries.
Just my humble opinion
The ratio is closing fast.
Time to load up the truck on silver.
Silver Wheaton has also performed well in the last 6 months.
Silver and gold streaming company.
BTW.
Where has Clay trader been in the last few days?
I guess his charts don't bode well with his shorty friends.
Right now the silver to gold ratio is 87/1.
Has dropped 4 points in 2 days from 91/1.
If gold prices continue to spike that ratio will make a physical silver buy
much better than a physical gold buy right now.
That ratio will close much faster if gold keeps spiking upward.
Just my opinion.
After holding long on NAK, it is finally taking off.
These gold prices, if they continue their spike will bring a lot of
junior miners into play. Just have to pick the right ones.
Looks like about 18M shares will trade today.
That was taking losses from buying in at 2.50
then again buying in at 1.55
So for the 4,000 shares I am holding now it was against about 6,500
shares I was holding when it dropped down from 2.50
So overall in buying and selling Nak shares, what I am holding now
4,000 shares I need a price of about 4.00 to break even.
It is not rocket science.
I originally bought in @ .40
Just bought some cheapies @ .043
If these gold prices keep spiking that .40 will be history.
Good time to pick up some cheepies.
Silver should be at about 40/1 now if history is a good indicator.
It is still too cheap @ 91/1 currently.
What's with silver anyway?
My nest egg for stocks is gone.
I will have to rely on my measly 4,000 shares.
I invested about $4,000 in an MJ pick and shovel stock
about 2 years ago and it got hit just like the rest of the MJ sector
because of the virus.
In a way, I am hedging my bet. If the Dems. win this fall that will
be good for MJ stocks. If Trump wins it is good for the gold miner stocks.