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Effective date 2/25/21. No voting?
Curious, could you PM me some evidence? I am intrigued by what is convincing you the election was not valid? Not judging just curious.
That would be my guess. To me, it suggests some interest, positive or negative time will tell.
Then again, it may just be a robinhoodie playing with zero commission trades...
This may not answer your question directly, but I think its a good PP to help get your head wrapped around the REE process. Scroll down to page 9, RapidSX and solvent extraction as well as a few other methods are mentioned.
https://www.etpsmr.org/wp-content/uploads/2020/11/W1-Processing-REEs_Erik-Larsen_16112020.pdf
Environmental politics in Alaska have a love hate relationship with Alaskans. Most love the financial rewards (PFD) and jobs but dislike the impact put on the wilderness.
Murkowski and Sullivan are playing the political game, not too in-favor, not too against. Don't be fooled by Murkowski's political posturing, she has done less damage with her words than Trump has done with his inaction. If you read between the lines she is riding the proverbial fence.
Murkowski is on record for stating that she is against the mines current proposal. Does that not sound like a fence sitter to you?
Take a look at this news piece put together by a local tv channel for some local flavor on the subject.
Part 1
Part 2
"Remand to district" is in our future.
I wish you well fellow American.
The permit denial happened on Trumps watch, before the election. This is a fact, you can't spin this.
Is this what you are looking for?
https://www.pod.usace.army.mil/Missions/Regulatory/Appeals.aspx
Shenghe Resources is currently MP's principle source of revenues and is the sole buyer of MP’s rare earth concentrate, which they send to China for processing.
This will not end well...
https://qz.com/1971108/chinese-rare-earths-giant-shenghe-is-building-global-alliances/?utm_source=YPL
Seems legit with only three filings.
Defense Metals Corp:
Address: Suite 605 - 815 Hornby Street, Vancouver, British Columbia, V6Z 2E6, Canada
Same address for SKRR exploration also with a very small SEC footprint
Suite 605 - 815 Hornby Street
VANCOUVER A1 V6Z2E6
~Skeptical
Nothing yet.
Yes, my thoughts exactly...kinda like Bezos and his shares. Well, maybe not exactly like Bezos who probably has millions in his checking account.
Cash poor indeed, but they have a plan...Under the SBA loan terms, the Company may apply (and plans to apply) for full loan forgiveness.
Average volume - 156,435 vs todays 560,000+
Wow what a rollercoaster. Fun ride!
Technical Analysis is looking good. https://otcbb.swingtradebot.com/equities/LBSR:OTC
The plot thickens with the Pebble tapes saga.
https://www.alaskapublic.org/2021/02/08/a-grand-jury-is-investigating-something-related-to-pebble-but-the-target-is-unclear/
Yes, an American company indeed. However, the military's concern should be heeded.
Maybe he needs some money for lawyers. https://www.nasdaq.com/articles/developer-of-alaskas-pebble-mine-ex-ceo-served-subpoenas-2021-02-05?amp
The U.S. Department of Defense awarded funding in late April to MP for a facility to process heavy rare earths. However, that decision was put on hold pending "further research," according to the Pentagon because MP Materials is almost one-tenth owned by a Chinese company, Shenghe Resources...
..anyone have an update to this? I'm waiting to dip my big toe in but PRC's 8% ownership is concerning.
This may explain the steady creep up in price. https://investingnews.com/news/rare-earth-investing/ucore-rare-metals-announces-non-brokered-private-placement-of-units/
Ucore Provides Update on RapidSX(TM) Technology for Near-Term Commercial Rare-Earth Elements Separation in USA https://www.newsfilecorp.com/release/73162
Let us not forget that the Trump admin kicked NAK in the gut. This seems to be a point many are missing (denying).
Alaska's Attorney General Ed Sniffen signed the state’s brief on Friday appealing the Corps Alaska District’s November record of decision denying Pebble construction permits. Alaska's Statehood Act requires the state to appeal.
https://www.alaskajournal.com/2021-01-22/ag-pebble-permit-denial-violates-states-development-rights
USACE's Pacific Ocean Division headquartered in Hawaii.
Indeed, and to boot, the day closed with double average volume and up 5%...
Volume is below average, probably not much really going on...yet.
Unfortunately Trident dose not rely on the local work force. At $10/hr average wage, most choose not to work in the canneries. The bulk of Trident and other processing companies are H-2B visa workers (non-US citizens). Data from the Alaska Department of Labor and Workforce Development show that in 2018, the most recent year numbers are available, the average annual wage for workers in Bristol Bay seafood processing was about $9413 in the summer-focused industry. About 89 percent of Bristol Bay processing workers that year were not Alaska residents.
https://live.laborstats.alaska.gov/seafood/BristolBay/BBSFPOver.pdf
I thought convertible notes carry a maturity date, in this case September 01, 2021. The 180 day min is not mentioned in the 8-k. Could you explain the 180 rule?
No mention of Pebble on the Fast track dashboard. Could you provide a link?
Thanks.
Low volume price drop = shaky longs jumping ship. Suspect the long term trend will be up.
More detailed article about the Jan 8 Alaska State Governor's statement. The ADN version was a bit watered down.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/987-tsx/ndm/90816-northern-dynasty-state-of-alaska-to-appeal-pebble-project-permit-denial.html?utm_source=newsletter_1018&utm_medium=email&utm_campaign=junior-mining-brief-for-date-b-j-y
Filing process from the USACE may shed some light on your questions.
I would presume the process is in play.
https://www.govinfo.gov/content/pkg/CFR-2011-title33-vol3/pdf/CFR-2011-title33-vol3-part331.pdf
Alaska files administrative appeal challenging the denied ROD.
https://www.adn.com/politics/2021/01/09/dunleavy-administration-will-appeal-federal-governments-decision-to-reject-pebble-permit/
Lie low and keep the leases/claims active (labor must be performed and an affidavit of annual labor recorded each year is required) until a more suitable political environment or new technologies exists...is my guess.
There is no occupation man is so anxious to enter into, with so little knowledge, as mining!
Some are hoping Trumps orchestration to reverse the 2020 Primary election results will change the outcome of the election.
If Trump "wins" then the hope here is that NAK will take off. Since the ROD was denied on DT's watch, I fail to see the connection.
What happens tomorrow? Electoral votes will be officially counted in a joint session of Congress on Jan. 6
Trump or the United States of America's Constitution?