NDM Future BrightIt's not uncommon for a good news story to come out and see the stock be sluggish the next few trading sessions, it happens. It's also not uncommon for a stock to show growth, be profitable however because the net results didn't meet "expectations" even though profitable to also see stocks not initially perform well.
The bottom line is that nobody can dispute what's in the ground (already validated and would be one of the largest mineral deposits in the world ... THAT FACT CANNOT BE DISPUTED, ALREADY PROVEN and VALIDATED.
Forget about the gold which will be emencely huge $$$$ on it's own, the real gems of Pebble are the other minerals in gigantic sums that are of critical importance for industrial applications, contractuction, cars, solar panels, technological etc.,
Think about why Trump is pushing this, it isn't just to piss off Obama by reversing their stance on past EPA decisions, it's because Trump (like him or hate him) is a business man and before COVID nobody can dispute the state of the US economy via the stock market hitting new highs never seen previously.
Understanding the value of the mine will help clear the air on some SHORTIES so without getting into a long list of positives, things to remind ourselves and BTW I will take on any SHORTY if they want to dispute the facts.
1. The mine will generate BILLIONS
2. Alaska will see HUGE spikes in revenue thru new taxes
3. The infrastructure to create the roads, power plant, housing for workers etc., to support the mine will provide many more high paying jobs than any fishing could hope to realize
4. Once the mine is ready to commence (in sequence after the roads and power plant are built etc.,) there will be another 20+ years of 100's perhaps 1000's of high paying jobs
5. The high paying jobs will stimulate the economy generating more taxes and ironically more construnction and the sale of things that perhaps individulas previously couldn't afford becasue that part of Alaska is remote
It's funny how the market sometimes reacts but for me personally, I like what I see in NDM and although I'm not in the industry or an expert, in my opinion I'm not going to get scared off I'm for the long haul.