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Guess we were right when we warned that Pebble would never get the permits. Hope the old timers here took profits when they had the chance. Looks like the Fat Lady has sung here. Can't say they weren't warned.
News Release dated July 10, 2020 | Northern Dynasty Increases Previously Announced Bought Deal to US$30.7 Million
https://ih.advfn.com/stock-market/AMEX/northern-dynasty-minerals-NAK/stock-news/82833578/report-of-foreign-issuer-6-k
Look at the date of the post you replied to. I posted the article on 24th of December, 2019.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152962482
Well.. it's more dilution, but that has been going on regularly, and the share price has gone up in spite of the dilution. However, this offering of over 17 million shares is at 1.46, which is a lower than the current share price. Hopefully for longs, the current share price will not drop to the offering price. It has happened that way in the past, but it doesn't necessarily mean it will this time.
Northern Dynasty Announces Closing Of C$10.1 Million Underwritten Offering
https://finance.yahoo.com/news/northern-dynasty-announces-closing-c-134800811.html
Wow! Congrats to NAK longs - big move up today!
Iron Mountain declares $0.6185 dividend
May 7, 2020 7:48 AM ET|About: Iron Mountain Incorporated (IRM)|By: Jignesh Mehta, SA News Editor
Iron Mountain (NYSE:IRM) declares $0.6185/share quarterly dividend, in line with previous.
Forward yield 11.29%
Payable July 2; for shareholders of record June 15; ex-div June 12.
See IRM Dividend Scorecard, Yield Chart, & Dividend Growth.
https://seekingalpha.com/news/3571105-iron-mountain-declares-0_6185-dividend
Oh No! More dilution - not difficult to predict ... Hang in there longs, your day will come one of these years... maybe.
Another round of dilution would not help matters for NAK shareholders, but it will come eventually.
NAK back to the .40's again but everything is down in this crazy market.
It is all about the Oil price now. DNR is a well run, efficient company, however everything going forward regarding the share price is primarily based on the price of Oil. If Oil comes back and returns to 55 plus, DNR will be headed back to 1.20 and higher, following Oil.
Absolutely correct. Denbury Resources is an excellently managed company, is cash positive, and remains profitable at only $50 oil. A lot going on with this solid company. They will release their financial report on February 20. It should once again show positive growth and a bright future when oil prices recover.
Reality Check - NAK .415100 x .416100. - .0155
Pebble Project Environmental Impact Statement delayed by US Army Corps of Engineers
https://www.ktuu.com/content/news/Pebble-Project-Environmental-Impact-Statement-delayed-by-US-Army-Corps-of-Engineers-566439631.html
.
NAK now has over 420 million shares Issued and Outstanding. Dilution continues on a regular basis with shares issued at lower and lower prices to pay bills and the huge salaries for Directors. Will next offering be at .35?
A total of 41,975,000 Common Shares were sold at a price of US$0.37 per share for gross proceeds of approximately US$15.5 million.
NORTHERN DYNASTY ANNOUNCES CLOSING OF $15.5 MILLION UNDERWRITTEN OFFERING
December 18, 2019, Vancouver, BC – Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) (“Northern Dynasty” or the “Company”) announces that the Company has closed its previously announced underwritten public offering of common shares of the Company (the “Common Shares”), including exercise in full of the over-allotment option (the “Offering”). A total of 41,975,000 Common Shares were sold at a price of US$0.37 per share for gross proceeds of approximately US$15.5 million. The Offering was completed pursuant to an underwriting agreement dated December 13, 2019 among the Company and Cantor Fitzgerald Canada Corporation, as lead underwriter and sole bookrunner, and a syndicate of underwriters including BMO Nesbitt Burns Inc., H.C. Wainwright & Co., LLC. and TD Securities Inc.
Proceeds from the Offering will be used by the Company for (i) operational expenditures, including engineering, environmental, permitting and evaluation expenses associated with the Pebble Project and advancement of the U.S. Army Corps of Engineers Environmental Impact Statement; (ii) ongoing outreach and engagement with political and regulatory offices in the Alaska state and U.S. federal governments, Alaska Native partners and broader regional and state-wide stakeholder groups; and (iii) general corporate purposes.
The Offering was completed pursuant to a prospectus supplement (the “Prospectus Supplement”) to the Company’s existing Canadian base shelf prospectus (the “Base Shelf Prospectus”) and related U.S. registration statement on Form F-10 (SEC File No. 333-229262) (the “Registration Statement”). This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The securities being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon by the accuracy or adequacy of the Prospectus Supplement, the Base Shelf Prospectus or the Registration Statement.
The Company relied on the exemption under Section 602.1 of the TSX Company Manual for the completion of the Offering.
About Northern Dynasty Minerals Ltd.
Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned, Alaska-based U.S. subsidiary, the Pebble Partnership, is a 100% interest in a contiguous block of 2,402 mineral claims in southwest Alaska, including the Pebble deposit. The Pebble Partnership is the proponent of the Pebble Project, an initiative to develop one of the world's most important mineral resources.
Ronald W. Thiessen President & CEO
US Media Contact:
Dan Gagnier
Gagnier Communications (646) 569-5897
Forward Looking Information and other Cautionary Factors
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively referred to as “forward-looking information”). The use of any of the words “expect”, “plan”, “update” and similar expressions are intended to identify forward-looking information or statements. These statements include expectations about the amount of funds to be raised and the use of proceeds of the Offering, the finalization of the Environmental Impact Study by the U.S. Army Corps of Engineers, the ability of the Company to proceed with permit applications for the development of the Pebble Project, and the ability of the Company to obtain the necessary federal and state permits for the development of the Pebble Project. Although the Company believes the expectations expressed in its forward-looking statements are based on reasonable assumptions, such statements are subject to future events and third party discretion such as regulatory personnel. For more information on the Company, and the risks and uncertainties connected with its business, Investors should review the Company's home jurisdiction filings at www.sedar.com and its filings with the United States Securities and Exchange Commission at www.sec.gov.
Wow.. shareholders cheering for even more dilution here.... incredible! They most certainly will get more and more dilution as NAK is now on a regular schedule of toxic dilution just to survive, and pay their management $500,000 + salaries..
I will do it for $100,000 if I can bring my Golden Cross with me.
The only thing "misguided", are those who said the share price would never drop back into the .30's again, and dreamed of Golden Crosses. Doesn't matter how much copper is in the ground, this company is a crap company that has been deceiving shareholders for years while it's officers collect $500,000 ++ salaries every single year, and dilute, dilute, dilute the stock to make sure they continue to get those salaries.
Buyer beware. Bankruptcy coming? If so, NAK longs lose their entire investment. Been warned many times that this further decline to the .30's in share price would happen. Even NAK's most supportive shareholders are now turning against the company. Directors of NAK are getting HUGE salaries while NAK continues to flounder. When will they ever learn... When will they ever learn.
I remember when predicting the 30's was laughed at and mocked. Who's laughing now? Certainly not NAK Shareholders.
Well.. looks like definitely .40's tomorrow. If I were a NAK long I would be seriously concerned about this continuous dilution problem. Like the famous saying goes, "you can put lipstick on a pig, but it's still a pig." NAK is turning into a dilution pig. Good luck longs!
Oh me.. oh my... more dilution.... Just never ends... sorry NAK Longs, but this continuous dilution problem is not going away.
Yeah right, I know, any information put out that is against Pebble is always labeled "Fake BS, while 100% of anything that comes out pro Pebble is completely honest and true. How many years has it been, and how many millions and more millions of shares in dilution added, have shareholders been told "it's just a matter of time" - time ran out on that line a long time ago.
For the sake of all the long suffering longs here, I hope so. It's been an uncertain and turbulent wait going on for years now.
That's right, I said "if". I don't need to analyze anything. I don't care one way or the other, just keeping it real for those who think it is 100% certain that they get the permit, and will reject any possibility that they might not. If it were that certain that NAK was getting the permit, the stock price would not be at .54.
It doesn't take an "expert" to predict that if the permit is denied, and Pebble considered environmentally dangerous to the salmon, all of those stock price numbers, .40's .30's, including even .0002 will eventually be seen.
The curse of Clay Trader is now in effect. Is NAK now the target of even more shorting?
No permit = .01 Buyer beware.
NAK Reality Check - 0.55 x 0.5595
NAK back down in the .50's again? Say it ain't so Joe.
So if NAK retreats back to .60, or the .50's, will there be "no denying NAK's downward trend? The NAK share price has been on a roller coaster for years. Unfortunately for shareholders, the valleys have been much deeper than the peaks, and NAK has never recovered. Now it is left to the remnants of what is left of the decimated shareholders, to squabble over pennies in one direction or the other each day. Day after day, month after month, year after year. Must be exhausting.
NAK is about due for their regular round of tens of millions in dilution to pay the bills and salaries aren't they?
NAK can't ever seem to hold its gains. Can't blame it on the price of Gold. Maybe next round of dilution is coming.
OOPS....even more dilution - NAK never fails to disappoint it's shareholders.
NAK Technical Analysis Video -
Wow! Naksters get a boost! Congrats, and let's see if it follows up tomorrow with more gains or fizzles.
So you are admitting that Northern Dynasty Minerals has been lying all along to the state of Alaska and the public in general when they changed their plans and will build a much smaller, less TOXIC mine? So you are saying that NAK has planned to build the larger, much more TOXIC mine all along, and has been blatantly dishonest about it, lying to the Army Corp of Engineers?
This then, if true, should be the basis of an amended DEIS study, to reflect the lies and dishonesty of the Pebble Mine owners, management, and supporters, and the much larger mine they have secretly planned all along. So you are saying that from the beginning, Pebble has planned a huge mine that will destroy the environment, and lied, saying they will build a smaller mine?
No, I'm not worried at all about dilution. But then I barely escaped this nightmare back when it was still trading at around $1.80. I guess you forgot the part about the smaller mine being proposed with "a much smaller foot print". You know the part they needed to throw in there to make the mine seem less toxic and more environmentally favorable. That small little mine, you know, the small foot print version of the mine, if they ever do get it permitted, is not going to produce "Trillions" of dollars worth of anything.