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Northern Dynasty Minerals Ltd. Message Board

  • buylowsellhigh80 buylowsellhigh80 Aug 1, 2012 10:54 AM Flag

    Speaking of the NAK turnaround

    I own a bunch of Nokia too. I bought more at $3, $2.21, $1.87, and $1.93.

    I must be a moron for doing that too! If only I were as smart as Susan.

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    • We need a permit submission before we see any real trading strength north of $3.00 ... which won't be until Oct (or even after the election). Between now and then, I see NAK hovering around it's $2.30's support level, with a possible breakdown into the lower $2.00 range after the Peer Review Panel convenes in early August .... which is when i may add to my core position again.

    • I disagree. This is the cheap call option in the history of mining. Unlike other junior miners, Anglo is funding the first $1.4 billion. No existing equity holders will not get diluted. The resources in the ground make this a $50 stock. I am arguing that a farsighted Chinese company will recognize this and the disconnect between intrinsic value if this were permitted and today's price of $2.45 will close. This is a "rare" deposit given the sheer size, byproduct credits, and potential length of operational life.

 
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