NAK NAK is a multi bagger,NSU almost 52wl.
How?
Northern Dynasty Minerals may have given up a good chunk of its eye-popping gains in the last month, but the stock is still up nearly 320% in the last year. Investors thought that a Trump presidency would result in deregulation, specifically for strict environmental laws, which would grease the wheels for getting the company's Pebble Project -- one of the largest undeveloped reserves of gold and copper in the world -- off the ground. Management wasted little time reassuring the market that its prospects were trending in the right direction.
In late January the company issued a press release stating that it had the backing of the new administration and told investors to expect a solution to the previously derailed permitting process with the U.S. Environmental Protection Agency within 100 days. A new partner would be found to help develop Pebble by the end of the year, too.
But the details haven't quite supported the initial euphoria.
For instance, even if the EPA agrees to traverse the permitting process with Northern Dynasty Minerals, it could take up to four years and $150 million to complete -- and that's if everything goes smoothly. Then, the company has to spend, presumably, hundreds of millions to billions of dollars to develop the Pebble Project before the first ore can be extracted and sold. One big problem: The concentration of gold in ore found during the company's own exploratory drilling is at least half of that found in other American gold mines, which are also among the world's most expensive.
In other words, everything has to go perfectly (and then some) for Northern Dynasty Minerals to make investors money on a consistent basis. I'm not risking it.
