Thursday, May 25, 2017 9:07:22 PM
1. TD and Gabelli (experts in mining) have $4-6 USD price targets on the stock pre-veto and pre-partnering. They are experts in mining and Max ( a biotech background) certainly is not and expert nor on a relative basis a credible source of mining investment knowledge.
2. David Lowell, one, if not the most renowned mining investor in the world is heavily invested here
3. Pebble is a copper deposit with alot of gold not the other way around. Forest for the trees here sir!
4. 2 partners combined spent $750 million dollars moving this mine forward until the EPA unlawfully veto'd their plans. Majors are experts in mining, they don't need to spend $750 mil to determine economic viability - its takes a tiny fraction of that for them to assess a resource with a high degree of accuracy
5. Partners are again in the data room, and if your friend Max at Motley Fool can see this so 'obvious' issue with Pebble would Partners who are WORLD CLASS PRODUCERS AND EXPERTS bother being in a data room? Would they have spent $750 mil in the past? A fairly obvious answer to both those questions is no they would not have spent that money nor would any be bothering now to review the resource again - rocks don't change.
6. Institutional ownership in NAK has increased 35% over the last quarter and includes names such as Goldman Sachs, Citadel, Susquehena, Hudson Bay, Arbiter, Millenium, UBS, Wellington, and Oppenheimer to name just a few.
I think applying logic and some common sense and credibility is always important in assessing potential for spec plays. I tend to side with the above and of course the great increase in Institutional holders (and quality of those holders) in this name over the last quarter!
Good luck!
Recent NAK News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/19/2024 10:57:25 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2024 05:35:58 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/23/2024 07:33:48 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 03:26:58 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/29/2023 08:52:47 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM