Lucky Ship ProjectI've been looking over this companies progress since 2007:
The company has a joint venture with a South Korean consortium to bring the Lucky Ship (molybdenum oxide) project to production. The economic assessments for Lucky Ship look reasonable(transportation, utilities, costs) and the prices of molybdenum oxide are good ($33/KG). This would provide NKA with some cash flow.
NKA also continues to actively explore its other properties as the recent news releases suggest.
At
.08 a share....good value in my opinion.....If the Red Cliff results are good we could see the stock move North.