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Re: None

Tuesday, 08/25/2020 3:02:21 PM

Tuesday, August 25, 2020 3:02:21 PM

Post# of 29890
Could be an opportunity to average down. The Aug. 20 letter by the Army Corps offers 90 days to submit mitigation plan. This will constitute NAK's rebuttal and could fuel temporary speculation, which might help some of you break even if you're in the red right now. The downside is if the White House preemptively kills the process. The upside is if the White House preemptively supports the process, either due to the national security side with the rhemium find, or just in general to reaffirm that no final decision has been made. Given the three-month window provided for NAK to produce its mitigation plan, I suppose it's possible some short-term positive news could fuel a short-term gain.
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