Seasoned investors understand that this is all to be expected... there was a bullish trend heading into thanksgiving in anticipation of the announcement, largely fueled by speculators looking to earn a quick buck. Announcement did not come out, so they pulled out... but announcement is still on schedule as NAK's SEC filing stated, it will come out by end of Q4. We still have a month left folks!!
It's no wonder there are a few who are wealthy... not everyone has the patience or understanding to appreciate stock trends and timing. If it were not so, most people would be holding stock in companies shortly before big announcements that result in a skyrocketing of the price. But what happens? Most people look in the rearview mirror and say "wow, if only I had known!" or "I wish I hadbought some of those shares."
NAK presents a low-risk opportunity like I have never seen before. One must truly be near-blind to miss out on this opportunity, but alas, most will! NAK is literally sitting on top of gold with a government who will let it do as it wishes. It has even come out with new plans to appease the powerless protestors who just create noise. The reason for the holdup is that there have been multiple interested partners for partnership/buyout, so "advanced negotiations" have taken longer. And also the actual structuring of the deal with all the legal, financing and strategic work takes a while for a deal this large.
It's just a matter of time.... and when it happens, it will be like the thief in the night. No body is gonna come tell you, tomorrow will be the day the announcement comes out, but tomorrow may very well be the day. Don't be sorry then and look in the rear view mirror. I know where my train is headed!
