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The Alaska Republican party does not want Murkowski to identify as a GOP candidate in next year’s election...
“It went further than censure, which was strong,” Babcock said. “But it also directed the party officials to recruit an opponent in the election and to the extent legally permissible, prevent Lisa Murkowski from running as a Republican in any election,” he said.
https://www.theguardian.com/us-news/2021/mar/16/lisa-murkowski-censured-alaska-republicans
Well, I'm a good shot, and I'd enlist; plus just join NATO. Isn't that what the smart countries do. Just get the good old USA to foot the bill and send troops/arms.
Dunleavy and Abbott might consider seceding from the US? I've read that it might be a legal battle, but even initiating it, perhaps with majority voter approval, would give Federal control freaks a jolt!
Many states are going to rebel against the excessive politically based Federal overreach now underway. Very proud of Alaska Governor Dunleavy!
Here's the new and appropriate activity in TX:
The Texas National Guard will deploy 500 troops to the state’s border with Mexico this week as part of a surge of resources that Gov. Greg Abbott said are necessary to stop the increase in illegal activity there following federal policy changes.
“We will work to step up and try to fill the gap that the federal government is leaving open by making sure we deploy every resource, whether it be Department of Public Safety or Texas National Guard, whatever we need to do. Texas is going to fight for the safety and security of our state,” Abbott said Tuesday during a news conference along the border in Mission, Texas.
The 500 troops will arrive by the end of the week and have already begun training to work in observation posts in support of the Department of Public Safety, which is adding about 1,200 state police officers to the region.
NAK (ND3:GR) currently up 10.85% in Germany.
Good news: ND3:GR (NAK in Germany) is currently up 17.55%.
https://www.bloomberg.com/quote/ND3:GR
Fact check: https://www.reuters.com/article/uk-factcheck-pandemic-video/fact-check-video-makes-multiple-false-claims-about-covid-19-pandemic-idUSKBN27J2HM
(Better to stay on topic...this is an investment discussion, not a debate on various conspiracy theories.)
Regarding the USACE refusal to accept an appeal from the State of Alaska on the NAK denial, the USACE likely is unwilling to address Alaska's Constitutional or Contractual rights.
We don’t know what the state will do yet? They could appeal this dismissal or go directly to a judicial appeal, where they would have a 90% chance of victory.
The good thing is Alaska is in all probability going to fight. If this USACE position were allowed to stand, and Pebble were to be opposed by the USACE in view of their own positive FEIS, and on land traded to Alaska for mineral development, then Alaska's future resource revenue base would be annihilated.
Governor Dunleavy is not an enviro-moron, understands what modern mining is (vs. the "...don't confuse me with the facts, I have my mind made up..." of the "Party of the cow farts" folks like Murkowski and Sullivan.
Anyway, not necessarily hard to understand the rejection of Alaska's Appeal, and we are far from "the rest of the story" as Paul Harvey would say.
This needs to be really highlighted in the public arena…
To go electric, America needs more mines. Can it build them?
"You can't have green energy without mining," Mark Senti, chief executive of Florida-based rare earth magnet company Advanced Magnet Lab Inc. "That's just the reality."
Rare earth magnets are used to make a range of consumer electronics as well as precision-guided missiles and other weapons.
Two sources familiar with White House deliberations on domestic mining told Reuters that Biden plans to allow mines that produce EV metals to be developed under existing environmental standards, rather than face a tightened process that would apply to mining for other materials, such as coal.
Biden is open to allowing more mines on federal land, the sources said, but won't give the industry carte blanche to dig everywhere. That will likely mean approval of mines for rare earths and lithium, though certain copper projects – including a proposed Arizona copper mine from Rio Tinto Plc opposed by Native Americans - are likely to face extra scrutiny, the sources said.
https://finance.yahoo.com/news/electric-america-needs-more-mines-174844266.html
The USACE has denied the State of Alaska's right to appeal its Pebble decision. Dunleavy has stated he will fight this decision as far as it takes as this emasculates the state's rights to develop land estimated to be worth as much as a trillion dollars.
http://www.sitnews.us/0221News/022821/022821_usce_pebble.html
Wow! Kevin O'Leary speaks up on MVMD...
https://www.reddit.com/r/CanadianInvestor/duplicates/lsdsl5/kevin_oleary_shares_thoughts_on_cdn_biotech/
Very strong support.
Sounds like the Reddit boys are busted:
"SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity"
https://www.sec.gov/news/press-release/2021-35
Can't imagine the SP dive when an issue is placed on a trading suspension.
Hope they stay away from NAK now.
Northern Dynasty: US Army Corps of Engineers accepts Pebble Partnership Request for Appeal
Northern Dynasty believes that key aspects of the USACE’s ROD and permitting decision – including its ‘significant degradation’ finding, its ‘public interest review’ findings and its perfunctory rejection of Pebble’s CMP – are contrary to law, unprecedented in Alaska and fundamentally unsupported by the administrative record, including the Pebble Project EIS.
A full version of the Pebble Partnership’s RFA can be viewed at:
https://northerndynastyminerals.com/site/assets/files/4888/plp-request-for-appeal-poa-2017-00271-jan-19-2021.pdf
The Pebble denial (temporary as it may be), more importantly, happened on someone's watch who really, really cared: Lisa Murkowski, Swamp Poster Child. She undoubtedly applied intense pressure for a negative USACE position (as in, "DENIAL! or your military career is over). She began eating with chop sticks some time back. Her political career is over now that she's exposed, but doing a ton of damage to the US in the mean time. Come on Alaska, how about a recall campaign? She's bankrupting your state.
I have read too often, and in too many places,
"You may not like it, but it's hard to deny that China is gaining ground as a world leader. And that trend is only going to continue in the future... " -Steve Sjuggerud.
If the United States Army has not noticed this, perhaps someone needs to clue them, as well as our new President, in on the bad news. The politically derived USACE Pebble permit process is the type of very serious problem the US is saddled with due to OUR inept choices at election time.
As a nation, we are going to get what we ask for...it's a tragedy that as a nation, the us has lost its way.
Time will tell, but if we don't begin to see at least a little wisdom from our government, we are in very deep dodo.
And so if you keep voting for inept politicians, you better start practicing with chop sticks!
I did some checking, and the theory is that the operative date the USACE is working from is the State of Alaska's appeal submission, which if I remember right, was a couple of days later, so maybe something out of the USACE in a couple of days.
The 19th is 30 days after the appeal submission, the USACE stated deadline for acceptance or rejection of even giving the points consideration. The fact that the state of Alaska also submitted an appeal could weigh on the significance of that date, however.
I cannot access. Weird...maybe they're just blocking me??
Hmmm www.usace.army.mil site is totally down!
USCOE Denial Appeal was received on January 19 so the 30 day response requirement is up this Thursday, February 18th. Should hear the USCOE NAK Denial Appeal acceptance on or before midnight Thursday. And if the decision is a refusal to accept and consider the NAK Appeal, unless that has something to do with considering the State of Alaska's Appeal first, likely this will be a court victory vs. a legally required USCOE valid process. A huge strike against any future USCOE credibility, and a major tarnish on an otherwise respected group. This would likely end in an eventual removal of the USCOE as a participant in Alaska state lands management.
January 2021 Corp Presentation includes lots of good USCOE Appeal info, time lines, etc. https://northerndynastyminerals.com/investors/presentations/
Wondering why NAK is up? Copper hit 8 year high of $3.75 US today!
China has 2 billion people. One of them is on someone's (China's or a Chinese entity's) payroll whose only task is to monitor and report all information on the Pebble project. The strategy as to what to do with the information is unknown, but rest assured, the recipient of the info knows more about Pebble than Northern Dynasty or the USACE. So, USACE, Murkowski, Sullivan; put that in your pipe and smoke it. There are unexpected consequences here about which you have absolutely no clue.
Alaska AG: Pebble permit denial violates state’s development rights
by: Elwood Brehmer Alaska Journal of Commerce 23 hrs ago
The Dunleavy administration argues the Alaska Statehood Act requires it to challenge the U.S. Army Corps of Engineers’ denial of a key wetlands permit for the Pebble project.
The state appeal claims that decision was made using an unprecedented evaluation of the project’s environmental impacts.
Acting Attorney General Ed Sniffen signed the state’s 59-page brief on Friday appealing the Corps Alaska District’s November record of decision denying Pebble construction permits. Dunleavy said Jan. 8 the state would appeal the Corps’ decision in a move many opponents of the mine contend directly contradicts the governor’s long standing insistence that he is “neutral” towards Pebble.
Monday is the deadline for appeals of the Pebble decision to Army Corps of Engineers Pacific Division Commander Col. Kirk E. Gibbs. The Pebble Partnership said in a statement Thursday that it had filed its appeal but the company did not provide further details of its argument.
A Corps spokesman said a Journal request for Pebble’s appeal was being processed Friday. A spokeswoman for the Department of Law provided the Journal a copy of the state’s brief.
Sniffen wrote that because the state was granted 103 million acres of land containing resources intended to support state and local governments, an economy and way of life and the Pebble deposit is on state land, “The commitments made in the Statehood Act, therefore, mandate that the State must vigorously contest any expansion of federal authority that challenges the State’s management and use of Alaska’s lands and resources.”
He additionally stressed that the Statehood Act and the 1976 Cook Inlet Land Exchange, which resulted in the state’s selection of the Pebble lands, limit the federal government’s authority to intervene in state management of the area because it was presumed the minerals would be developed.
There is a good side to their activity:
The large hedge funds can really harm these smaller startups and struggling companies via excessive short selling.
Good example: Kerrisdale Capital did two things to NAK back in Feb 2017:
1. Released a very debatable negative opinion on NAK
2. Prior, established a major short position in the shares of NAK.
The principle at Kerrisdale (imo, somewhat questionable individual), made a Ton of $$. (Capitol "T" on Ton.)
A prime example of how short sellers harm small (retail) investors (like many of us...).
And there's not too much the victims of the hedge funds could do. NAK tried to fight:
https://www.northerndynastyminerals.com/news/news-releases/2017/northern-dynasty-refutes-short-seller-claims/
But this was pretty much water over the dam. Harm was done to NAK and all NAK longs (us). Kerrisdale had the $$ in the bank. (Indirectly, our money.)
So, personally, I say to WSB: "GO GET 'EM!"
This should begin to go away as the shorts (hedge funds) are driven back, or better yet out of business.
Sort of looks like WSB traders mistaking NAK for NAKD. But could be otherwise.
The USACE published a final Environmental Impact Statement for the proposed copper-gold-molybdenum-silver-rhenium mine in July 2020, finding that Pebble would “not have measureable effects” on fish populations or fisheries in southwest Alaska.
Despite this, the USACE published a ROD on November 25, 2020 denying Pebble a key permit on the grounds that its ‘compensatory mitigation plan’ is non-compliant and the project is not in the ‘public interest.’
Northern Dynasty is appealing that decision, and a full version of the Pebble Partnership’s appeal can be viewed at:
https://northerndynastyminerals.com/site/assets/files/4888/plp-request-for-appeal-poa-2017-00271-jan-19-2021.pdf
Rumor is that an exclusive license is being negotiated for one of their solutions.
Posted by Chris at another board:
"I have just finished reading the Alaska State USACE Appeal - what as EXCELLENT piece of work. The authors need to be given the highest praise. The Appeal is well rounded document that addresses in an undeniably convincing, almost forensic, manner the factual errors of the Denial.
I have been a professional scientist and researcher for forty years and I could not be more impressed with the quality of the Appeal. On the basis of the information presented I do not think the District Permit Denial has any basis in fact, background or legal requirement. Moreover, following the critical review and analysis of the Permit Denial that the appeal represents it is apparent that the Permit Denial represents a terribly shoddy and incompetent piece of work.
The public servants that prepared the appeal should be ashamed, do they not have any pride in their work? They should be fired for their professional incompetence. The Appeal reassures me that if the project does not go ahead then at least the Federal Government will be on the hook for considerable compensation for what amounts to the "taking" of the private property."
Here's the problem: when an individual, anyone, anywhere, communicates "No copper mine!" via email or text or phone or mail (or any way other than in person or smoke signals) they immediately become the ultimate irrational hypocrite due to their absolutely insatiable copper consumption.
Worse yet if they are present where electricity lights the lights, heats or cools the room, and on and on. Plus, they push the mining off to underdeveloped countries where there is no environmental regulation, human safety or child labor protections, and on and on.
The negative comments submitted regarding Pebble, without exception, either omitted any factual basis, or stated a negative that is totally opposed by the factual record (FEIS).
Bottom line: Pebble's metals will be mined, just a question of where and by whom? If not in the US, China? Africa? South America? Choose. Think. Try to take the present cultural war out of the equation and make the best decision. And if the production is handed to a potentially world dominating China, don't forget to figure in an extra couple trillion dollars for the US defense budget...budget heavily for nuclear.
Would be beneficial if the Dunleavy Appeal also comes out now.
It will not just amount to a "double barrel" submission, but rather a whole different and complementary set of issues including the US Lake Clark National Park Land Swap which specified "development for mining" in its verbiage.
Federal anti-mining action would be like "...enjoy your new car, but you are prohibited from driving it."
Result? We want our Lake Clark land back, plus a couple Billion $$ to reimburse Northern Dynasty Minerals for the investment in Pebble.
By the way, if you wonder why Alaska Senator Lisa Murkowski opposes Pebble, could have something to do with the Trident Seafoods campaign contributions she receives. Trident enjoys the area's high unemployment and low low wages that provide dirt cheap labor for their canneries. Not much mare than they pay in their huge China canneries! I asked her if she had even read the FEIS? No reply. Swamp crony. Sorry Lisa, you are a big part of Alaska's troubles. Need to go.
No Rhodium. NAK does have Rhenium, less value dollar wise, but still an important metal as it has very serious US strategic demand for aerospace (e.g. military) requirements.
Ignore. I had Rhenium and Rhodium confused. sorry.
Meant to say, Rhodium price roars above $20,000 in precious metals’ biggest rally
Wow! Rhenium just hit $20k/oz!
That means that Pebble's 148,150,640 oz. of Rhenium is worth upwards of $2,963,012,800,000. That's basically $3 trillion. Who cares about all the copper, silver and gold? Maybe that's what someone's after?
If anyone figures out who yesterday and today's huge purchaser is, please enlighten us. If it's China, please enlighten the US Department of Defense.
This is a big deal, don't you think?
How about sending a little "why the USA needs Pebble" to Sen Murkowski:
https://www.murkowski.senate.gov/contact/email
Maybe something like:
Edit w/your comments...
Dear Senator Murkowski, as someone who has followed the proposed Pebble mine project for a few years, I've been sort of curious if you have actually read the FEIS document end to end. It is factual, thorough, and although of coarse any project has impacts (your house, the streets you drive on, the computer or phone you're reading this on, etc. etc.) when you weigh the impacts and mitigations along side the benefits to Alaskan residents, and our nation at large, it is a winning proposal. The alternatives, including Chinese strategic minerals world dominance, is too high a price to pay for your staunch objection. Please invest the time to re-read the FEIS (cover to cover...this is important to us as a nation), and please reconsider your position. Please share your thoughts. Thank you.
67 million shares already today. Who is buying?
Sounds like USCOE appeal is going in mid month. Any verifications anyone?
CRITICAL: Please take a moment (need a hundred responses to this request) to email President Trump explaining that the USACE went against their own facts and science (the FEIS) in issuing a negative permit decision, and ask the President to act quickly tp protect US access to copper and Rhodium for national defense and green energy requirements. Just go to https://www.whitehouse.gov/contact/