you are welcome...I wish I knew. Remember, the market is like getting a slippery fish in your hands, hard to hold or contain. The market is a complex system....
consider my last post.....way way up there.........
i had apple stock in 1987, bought 5 days before Black Monday and I sold it...It was the first stock I ever bought.
had I only not watched the stock market the last 33 years and added and continued to add.
needless to say I would not be posting here.
people always say on message board, somebody is gonna buy my stock they simply have to....blah blah..
It is not, strictly speaking, that NEM or Barrick or Rio Tinto or freeport has to buy NAK at this moment right now.
it is just that NAK is so friggin dirt cheap, and the president and the alaskan governor is the most pro mining governor in america.
if nak was a 2 billion dollar market cap company, i would say I do not give a crap about the argument, you gotta buy it type thing
but at 600 million? that is chicken feed, and these majors are running out of gold, they are depleting now, each and every year, what they own, and they are hog wild over copper, at least Bristow the Barrick CEO says this all the time, copper is what he wants and his company must buy it.....and he has forgotten more about metals and mining than I could ever know..
One thing I am fairly confident about is that there is gonna be a global shortage in metals, preciously the opposite of energy (which I called, fwiwi). And I think that the TECh money will slowly look for other areas to deploy, and it will see the outrageous cash of the gold majors, and look at the tech PEs which are 50 and 60 and 90, and it will come into mining, just because these old mining companies are now becoming cash cows, incredible cash cows in an area where there is a global shortage soon to develop
again, the world changes, dynamic complex system.
Pebble is like an orphan child
like Cyndi Crawford as a little kid
a smart person could look at her and say, you know this kid might be a super model some day.