Replies to post #23222 on Northern Dynasty Minerals Ltd (NAK)

[stargazer123]

I knew there was something I was missing

Our stock price started plummeting when after hour trading started

It quickly fell to 1.46

And that's why

As you pointed out, our stock offering was at 1.46 !

But then it climbed for the rest of the session. People realized that the stock offering was actually good, not bad. We closed at 1.66, down .10 from the close, but up .20 from the after hour trading low


On Big volume. Almost a million shares traded. Well 820,000

We may, and probably will, open down tomorrow, but then will probably start climbing.

We have some dilution, but not that much, and now we do have a nice bit of cash, especially since the shares were sold at such a good price

I think that we will end up higher tomorrow as people digest the news and realize that it wasn't a negative happening