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Great analysis. I agree. The dip today has been a knee-jerk reaction because the deal was not exactly as anticipated. But a close look at this deal reveals that NAK gets what it needs (capital to fund permitting and ongoing operations) and First Quantum commits to provide the capital while having the option to buy 50% interest for $1.5B. It's actually a very reasonable deal and will push NAK to expedite filing for permit (announcement coming in the coming days) and do everything to move forward with operations.
You can say that again!
In 5 days, First Quantum will put $37.5 million into NAK (do the math, just based on the numbers alone, stock price will go up, my estimate is 20-30 cents). Around the same time, this week or next week, the permit will be filed, which should provide an additional boost.
And we are on track for the long term... partner, permit, dig up that copper/gold! Everything is on track for longs!
Just ask yourself this question: Would the White House have NAK's spokesperson (Mark Hamilton) speak on Jan. 6, if NAK had no future and was an ultimate bust?
Obviously, NO! That would be an embarrassment to both the White House and to NAK. Instead, Hamilton will "go tell it on the mountain" at the White House on Jan. 6 about NAK's (then-recently-announced) partnership and permit application and the White House will take credit for its de-regulation and advancement of economic progress in Alaska through NAK... And the new partner will want the announcement/permit filing to be announced by then because Jan. 6 at the White House will provide further positive PR for Pebble.
We're gonna be handed an amazing Christmas gift by NAK!
Very plausible! We are so close.
They've already disclosed in an SEC statement Q4... If that's not good enough for people, it's not the company's problem--it's their own impatience.
Literally nothing has changed with Pebble or NAK. I am just as confident before as I am now... we are in the final hours. 18 days left in Q4.
"The stock market is a device for transferring money from the impatient to the patient." Warren Buffett
Added more shares at 1.86. As the great Warren Buffet said: “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
I couldn't agree more. The fact is that they are sitting on top of gold and Pebble has the world's largest deposit of copper. The only issue in the past was getting permitting. Obama admin killed that. But Trump admin, backed by the business-friendly EPA headed by Pruitt (probably most friendly ever!) and an Alaska governor that has called for SIX more mines in Alaska, with Pebble being the largest prize, means a PERMIT and MINING is INEVITABLE.
Everyone knows that, especially the big players like Anglo, Rio, etc. and that's most likely why the advanced negotiations have taken a long time. There is probably a lot of bidding going back and forth and/or the possibility of multiple partners... we may see something outta the box rather than a single partner or a buyout. But whatever the announcement, it will boost this stock to the moon!
I have too, but you and I both know it's just a matter of time ... As for me, I use the fire to slow roast some bbq for 12+ hours, no hurry in that.. and when it's over, you got yourself a feast with great smokey bbq! And that's how it's gonna be with NAK... we will have a feast soon and it'll be worth the wait.
Great proverb.
As I've said before, the shorts are playing with fire.
It's only Dec. 4... plenty of time until the end of Q4. News is imminent! It literally could be any day.
That's exactly right. And don't forget Governor Walker's call for six new mines for Alaska... Pebble is the biggest prize there. The stars have aligned like never before.
"NAK’s total short interest was 30.47 million shares in November as published by FINRA. Its up 6.19% from 28.69M shares, reported previously. With 3.17M shares average volume, it will take short sellers 10 days to cover their NAK’s short positions."
Naked shorts are playing with fire!
https://finnewsdaily.com/what-next-for-northern-dynasty-minerals-limited-nyseamericannak-stock-after-increase-in-shorted-shares/
Long Live NAK!
Great article. With Trump, Pruitt, and Walker on board, there is little that can stand in the way of NAK!
"The biggest geological prize discovered in Alaska so far, Pebble, is located on state land.
With roughly 56.8 billion pounds copper, 70.4 million oz gold, 3.4 billion lb molybdenum and 343.6 million oz silver in measured and indicated resource, Pebble has the potential to be a major source of jobs and state revenue for more than a century.
The Pebble Partnership is set to file for permits to develop an “environmentally-optimized” mine at this world-class copper deposit by the end of the year."
Perhaps another reason the partnership/buyout announcement is stalled is that they're waiting to also file the permits...
http://www.petroleumnews.com/pntruncate/602480401.shtml
The story hasn't changed... company expects to announce by end of Q4... that is one month away. I really don't understand why anyone would sell now... why did they even buy to begin with. No logic there!
Sugar4048, you're absolutely right... the underlying facts are there, either the huge opportunity is seen and the story is believed or not!
Perry vette, nothing good in life happens without patience. Hold strong my friend. I added to my positions yesterday and today. I see every low as an opportunity to buy.
And let's be clear, whether you bought in at 1.80, 1.90, or 2.10 or higher... it's not gonna matter much when the stock goes over $4, 5, 6 or even more... cannot be nearsighted here...
The future is GOLDEN, no pun intended.
Seasoned investors understand that this is all to be expected... there was a bullish trend heading into thanksgiving in anticipation of the announcement, largely fueled by speculators looking to earn a quick buck. Announcement did not come out, so they pulled out... but announcement is still on schedule as NAK's SEC filing stated, it will come out by end of Q4. We still have a month left folks!!
It's no wonder there are a few who are wealthy... not everyone has the patience or understanding to appreciate stock trends and timing. If it were not so, most people would be holding stock in companies shortly before big announcements that result in a skyrocketing of the price. But what happens? Most people look in the rearview mirror and say "wow, if only I had known!" or "I wish I hadbought some of those shares."
NAK presents a low-risk opportunity like I have never seen before. One must truly be near-blind to miss out on this opportunity, but alas, most will! NAK is literally sitting on top of gold with a government who will let it do as it wishes. It has even come out with new plans to appease the powerless protestors who just create noise. The reason for the holdup is that there have been multiple interested partners for partnership/buyout, so "advanced negotiations" have taken longer. And also the actual structuring of the deal with all the legal, financing and strategic work takes a while for a deal this large.
It's just a matter of time.... and when it happens, it will be like the thief in the night. No body is gonna come tell you, tomorrow will be the day the announcement comes out, but tomorrow may very well be the day. Don't be sorry then and look in the rear view mirror. I know where my train is headed!
Good article because it is based on reality! Good things come to those who are patient and in this case, a few weeks is really not much of a wait. The upside is HUGE!
As for the series of IFs (if there is an initiative, if it goes on the ballot, if it gets voted, if it doesn't get vetoed, and on and on).... the U.S. Constitution will reign supreme over a local or state law (see Fifth Amendment)
I've been saying it for a whilenow. Anyone with a brain can see partnership news is IMMINENT! Buckle your seat belts folks. The flight may be delayed but it's getting ready for take off.
Let's go NAK! (HOD 1.84)
Company announcement: http://www.northerndynastyminerals.com/news/news-releases/2017/pebble-limited-partnership-introduces-pebble-project-considerations-focused-on-a-reduced-mine-site-footprint-and-enhanced/
(Emailed to shareholder at 8:40pm EST)
NAK filed 6-K with SEC stating it is in "advanced negotiations" to "secure a major funding partner" and to "complete negotiations in the final quarter of 2017." We are now IN THE FINAL QUARTER. https://www.sec.gov/Archives/edgar/data/1164771/000106299317004277/exhibit99-1.htm
That is not Thiessen crying wolf in my opinion. The directors (and the company's counsel) are not so stupid to make statements like that if imminent partnership was not coming this quarter (because they'd open themselves to securities fraud lawsuit...).
Whoever wants to sit it out in hopes of buying in at a few cents lower than current price (which clearly is hovering around 1.70s in light of gold being down), will do so at the risk of the stock taking off any day! Huge risk when you know it's just a matter of time before the rocket is launched...
5 reasons things look solid for the future (even if Friday does not bring amazing news, which it probably will...) http://host.madison.com/business/investment/markets-and-stocks/numbers-that-should-get-mannkind-investors-excited/article_506de598-9fd6-5fa7-a906-1268e8634ec1.html
I'm just saying based on the info we have, it's just as possible in October as it is in November or December.
Everyone (including a partner or acquirer) knows the EPA is rescinding the rule... not like Scott Pruitt or or Trump will change their minds based on the public's comment... the 90-day notice and comment period is a necessary formality but won't change the outcome.
In the past couple months (before "advanced" negotiations and imminent partnership), the stock rose over 25%. I personally don't wanna sit at the train station until it's too late and the train has taken off...
We'll get more clarity tomorrow when the Thiessen transcript goes public.
"quick triple digit gains are almost warranted"
https://seekingalpha.com/article/4109850-top-gold-stocks-buy-forget-northern-dynasty-minerals
All signs are positive... the facts indicate that "the Company reports that it and its advisors are in ADVANCED partnership discussions and expect to complete negotiations IN THE FOURTH QUARTER of 2017."
Being in advanced negotiations is not the same old news. And they are reporting a COMPLETE done deal IN (not at the end of) fourth quarter... that means as early as the first week of October 2017.
My opinion: (re)partnership or buyout news is imminent given the company's announcement and Thiessen's presentation in Denver.
It's time to buy if you want to ride the wave to $2+
Quote from: http://www.northerndynastyminerals.com/ndm/NewsReleases.asp?ReportID=803523