There is just too much intrinsic value in NAK. Anglo American is committed to getting this mine permitted. Longs - close your eyes and wait for $25, maybe $50 when copper makes a new high of $10,000 /mt : )
Only amateurs and pump monkeys think hedge funds are involved with NAK/NAC. Did you ever think the gain is the result of an oversold sector and gold finally getting a bid? Nah, that cant’ be it. It must be hedge funds. Sure that’s the ticket. And it was the space aliens that drank dads’ whisky. Here’s a real fact for you: There will NEVER be a mine at pebble.
It could be the release of the report by the NPA on the environmental impact study for Bristol Bay due out in mid May.
NPA report? Are living in a cave? Every mining stock was up today due to the pog rebounding. The future of this catastrophe hasn’t changed. There will NEVER be a mine at pebble.