Replies to post #13680 on Northern Dynasty Minerals Ltd (NAK)

[stargazer123]

Well, you have a point. High risk, high reward. But, you are correct. It is HIGH RISK. Therefore a person should ONLY USE MONEY THAT THEY CAN AFFORD TO LOOSE.

If we get an announcement that NAK has found a joint venture partner, and if the terms are in our favor, that will be a BIG step. People might want to wait until then to put their toe in the water. Personally I'm already all in, but if I'm wrong, it won't destroy me.

However, if I'm right, I will be, what do they call it? Ah, yes. Independently wealthy. That's why I have suggested that you at least put some money into this deal. Your choice.

If we get regulator approval, AND the Alaska residents give their approval, the stock will be on its way. The price will be a lot higher than now, but, even so, it will be just a fraction of its ultimate price.

If things don't fall into place the stock will crater, but I 'think' that there would be time to get out without a complete loss. To me, I like that win/loss ratio.

If I win, I make a fortune, if I lose, I lose a big chunk of my monetary reserves, but I will survive the loss.

Even though we don't know if NAK will get approval, and therefore it's chancy, everything looks like the regulators will approve the mine, and there is a good chance that so will the Alaska residents. Considering that anyone that gets in now (I bought a large chunk at these prices and those shares are already in the green) the reward for buying in at these prices would be astronomical.

Just remember the danger.

For anybody that is new to this stock, you might want to wait to see if we get a joint venture partner, and that the mine gets approved. The price will be higher than where it is now, possibly a lot higher, but still only a fraction of its future price, and it will BE A LOT SAFER to wait until ever thing is approved.

Oh, and if things work out, the stock will go multiples past the $3.50 you and scotttrader80 keep mentioning. In fact, long long ago, it was way above that price. Will all approvals in place, it will quickly reach that high point again, and then pass it.