Northern Dynasty Minerals (NAK) Stock Heads For The Top

Northern Dynasty Minerals NAK Stock News

Northern Dynasty Minerals Ltd (NYSEAMERICAN: NAK) is making a run for the top in the market this morning. However, the move is a shocker to many since the company hasn’t issued any news or press releases. So, what’s the deal?

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Why NAK Stock Is Headed Up

With no press releases or SEC filings, why is it that Northern Dynasty Minerals is headed up? Well, it all has to do with an Executive Order recently signed by President Trump. 

The Executive Order centered around United States reliance on foreign adversaries for the supply of necessary basic materials. So, what does this have to do with NAK? Absolutely everything!

The company’s claim to fame is a massive depositive of basic materials known as the Pebble Project. However, due to the deposit’s location, permitting the project has proven to be overwhelmingly difficult, with the company spending more than a billion dollars and several years to bring the project to fruition. 

At the moment, NAK is at the final leg of the race. The company has received a report from the United States Army Corps of Engineers, showing that their plans will have little to no effect on the surrounding environment. Moreover, the USACE report showed that the Pebble mine will lead to an overwhelmingly positive economic impact for the struggling region. 

Between the positive Environmental Impact Statement from the United States Army Corps of Engineers and the Executive Order recently signed by President Trump, the company is on track to finally realize the permitting approvals that it has been seeking all of these years. That’s absolutely massive for the company and its investors. 

The Bottom Line

The bottom line here is simple. Northern Dynasty Minerals is a company that’s centered around an undeveloped mine known as the Pebble Project. While there has been quite a bit of political intervention in the permitting process, the company is now very close to a potential permit approval. 

Moreover, with the Executive Order signed by President Trump, the EPA has been urged to move quickly to approve permits for companies seeking the domestic mining of basic materials. Moreover, NAK is waiting on the Administration’s approval to move forward. With the recent Executive Order, and a positive EIS, it’s hard to imagine that the company’s application to develop the Pebble Project would be rejected. 

The bottom line here is that the Pebble Project is now highly likely to come to fruition, making NAK stock one to closely consider adding to your portfolio. 

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Don’t Miss The Next Big Story

Join our free mailing list below to receive real-time news alerts!

Subscribe Today!

* indicates required


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.