What's funny is that it was residents of Bristol Bay that petitioned for the EPA to get involved. Practically begged. I'm not trying to poke fun at you, really I'm not. But people are likely laughing at you. If you actually sent this letter. I'm guessing you didn't. But if you did... laughing.
You may have forgotten, but there's unprecedented EPA scrutiny on Pebble right now, that's why the stock crashed after NAK's public relations statement in response to the assessment. Other reasons include unprecedented opposition from Alaska residents, native corporations, commercial fishing industry, environmental organizations, etc., many of which are well-funded to fight back with litigation.
Facts change, the share price reflects the new set of facts. The share price is always correct.
Was that your entry point?
If you don't understand the reasons behind NAK's valuation today, you deserve to lose all of your money.
GDXJ up, THM up (big time), HL up, everything is up... except, of course, NAK. Which I predicted.
Tomorrow is a new day, but everything I predicted in the past has come true. Will NAK continue to tread water while other gold juniors explode? I think we may already know the answer.
Happy trading everyone.
It's a year-end prediction.
Are you protected on the downside? Of course not. If NAK were to drop to $0.40, you'd lose everything (which, based on your "confirmations", isn't much).
Yeah, real mines. Not fantasy mines with a dream production date of 2020 (if there no EPA veto, funding pull-out, non-stop litigation, etc.).
The gold/copper bull market is skipping NAK, that's the strong buy. Constant EPA scrutiny is not a good thing.
Unlike you, my positions are protected from losses. That's why I'm in the top 0.5%, and you're just the sucker who makes sure I stay there. Thanks for the Romney/Ryan support everyone, my dividend income would like to continue into next year.
I wait for opportunities, like now. GDXJ, GDX, SLW, GG, NEM, PAAS, HL, PSLV, THM, NG ... I don't sit there like the dumb money (you) and watch them fall.
Yes, you should ignore all of the ugly fundamentals and buy more! EPA veto, Anglo walking, possible Anglo leadership change, persistent downward trend for all base metals (copper, moly), terrible location, high energy-intensive, massive infrastructure and construction costs, significant public opposition, significant private donor opposition with deep pockets, constant EPA scrutiny, and of course, NON-STOP LITIGATION from fishing industry, environmental groups, native corps, etc. which will likely delay any reasonable startup date (well past the NAK optimistic date of 2020).
By the time the mine opens (which will likely be never), the bull market will be over. Repeat: the bull market will be over. But hey, don't tell lotto ticket players the odds of winning, they want to believe the dream.
Lots of luck, you desperately need it. Other Alaska projects that will be open many, many years before NAK: THM and NG. You can bank on that. I certainly am.
An article from a pro-mining, anti-EPA perspective:
"Robert Dillon, a Republican spokesman for the Senate Committee on Energy and Natural Resources and Murkowski’s point man on energy issues, said he expects EPA to veto the mine. That will have a “chilling effect” on projects across the country, he said, even if the decision is eventually overturned in court."
“It’s an unprecedented extension of their power,” Dillon said. “Someone will take [EPA] to the court … and EPA will have to go back. But the problem is that’s a decade down the road.”
Read my instructions again, I told you to provide a translation. Your "OTB - 1 STAR" posts have run its course, you need to step up like a grown-up and explain why NAK is a buy. BuyHighSellLies needs a little help right now.
I need help with the translation on this one. Perhaps some of the other NAK longs speak your language, but I'm not following you.
In my opinion, Anglo is going to walk...soon. These blocks could be Rio or even NAK selling to an intermediary to dump gracefully, to raise capital.
We'll probably see a few more of these articles below if that's the case. More dumb money with Fidelity accounts need to buy the dream.
There's a reason why you're always wrong and I'm always right. I've seen speculative prospects come and go, yet you're still in school. Sometimes an education can be expensive.