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Saturday, June 27, 2020 12:00:54 PM
you might be not right!.....
If the POG zooms to 1800 in the next month, and when the FEIS comes out on or before the 24th,
And NAK only zooms to $2.25, a fifty percent increase in s/p,
one can easily make the argument that in lieu of these developments, it will be more undervalued at 2.20 then it is today at 1.46.
And if the s/p "only" zooms to 3 bucks (a 100 percent increase), when the ROD comes out, and gold is at 1,810 in september, maybe at that price it will be more undervalued than it is today with a share price of 1.47.
This would be a 1.35 billion dollar market cap now (and with sole ownership which is almost a misprint to say sole ownership for this tiny company, but true, and owning these resources) with the Federal permit now sitting on almost 2 trillion dollars in metals. Presuming copper and the others go up).
.....................The higher the metals go, and the more these resources become real and the market sees that they are real, the more the share price cannot keep up with the value of the assets?
In this nascent mega bull market the outrageous screw up of this company will take years to unwind (and appreciate)
Recent NAK News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/10/2024 11:00:52 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/23/2024 07:33:48 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 04:17:37 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
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/15/2023 10:05:59 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/05/2023 10:01:05 AM
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