/biz/ - Business & Finance

>>20646996

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If the stock may go 10x, 50x, 100x, should the mine be approved, there is always time to buy. Look at this person on /pmg/ a few days ago for example, asking if he ought to buy at 1.40 or "wait for a dip": >>19781320. Stock is now 2.23 and growing. Simply jump in the water and swim. You are either going to make an enormous amount of money, or lose it all, no matter what price you buy at. I already have a large position which I am up on substantially, (you can see I recommended it to /smg/ a couple of days ago as an "extremely speculative" choice >>20565719 ) and even I am going to add to it tomorrow. It may turn out to be an utter disaster, but I am willing to take the risk. Make sure you only buy whatever you are willing to lose.

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https://www.doi.gov/pressreleases/trump-administration-supports-alaskan-infrastructure-development-mine-critical

Northern Dynasty receives Final Environmental Impact Statement (EIS) for Alaska’s Pebble Project

https://ceo.ca/@accesswire/northern-dynasty-receives-final-environmental-impact

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>>20631553

Information about NAK from last thread:

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For those who don't know what the potential of NAK is:

"We're talking about 71m ounces of gold, 57 billion pounds of copper and 340 million ounces of silver - in a conventional open-pit mine that remains open at depth and at least one other direction. In fact, a drill result outside of the defined resource returned 260 meters of 1.36% CU and 1.26 g/t AU!"

Pebble Mine is larger than every single mine which Newmont Mining owns combined. Newmont Mining is the only mining company in the S&P 500.

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Bear in mind that the stock is extremely speculative. It all depends on whether Pebble Mine gets approved. If it does, it soars to unprecedented heights. If it doesn't, it crashes. Weigh the risk versus the reward in considering how much to put into it.

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@mackvorkian, who got into Spanish Mountain Gold and Blackrock Gold before they soared 5x, said this about NAK a few hours ago:

"Plus the financing. Who does a multi million dollar financing just before a critical decision if they had significant doubts? And Alaska needs the jobs and taxes. And the Governor wants it. And the USA needs it for the Copper, Gold, Moly, Silver. It is way too big to leave in the ground. And a $150 Million Dollar NDM spent on enviro showed that it wouldn't hurt the fish. And $850 Mill plus!! I don't see how they can't give us a positive verdict tomorrow. Times up."

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