Friday, May 26, 2017 12:11:19 PM
On Donlin - Donlin was acquired in 2006 by Barrick for $1.5bn and at a PREPERMIT stage - same stage as Pebble is today
Donlin has < 40% of the Gold, and No Copper - while some other prospects were included in that 1.5bn nothing material of note as of today
Based on that AGAIN 2006 relative valuation the GOLD ALONE at Pebble would be worth $3.75 bn in 2006 prices (just back of the envelope math here to give an idea of undervaluation).
$3.75 bn for Gold Alone = $12.75 per share - again ignoring Cu and 2006 pricing
This company, if it continues to be manipulated by shorts and MM's will see a buyout offer, likely rejected by the Board as too low, then a hostile bid.
Material mispricing of valuable resource companies ALWAYS leads to M&A -friendly or hostile it will come
Hold your shares for the day it does, regardless of short term nonsense with the price.
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
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
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