Northern Dynasty Minerals (NAK) Stock: There Has Never Been A Better Time To Buy

Northern Dynasty Minerals NAK Stock News

Northern Dynasty Minerals Ltd (NYSEAMERICAN: NAK) has been a hotly debated stock for some time now. However, that debate grew even more tense over the weekend, leading to dramatic declines in the value of the stock early this week.

Nonetheless, these declines are the biggest opportunity that we’ve seen from NAK as of yet. Here’s what’s going on:

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Why NAK Stock Is Falling

Northern Dynasty Minerals’ claim to fame is a project, known as the Pebble Project. The project is a copper and gold mine located in Alaska. However, there have been some major issues with permitting over the year.

In fact, NAK has spent more than a billion dollars and several years working toward a permit, and all of that work will come to a head soon. In fact, the Trump Adminsitration will soon make a decision as to whether or not it will give the project the nod of approval.

Over the weekend, a post on Politico suggested that the Trump Administration is going to block the Pebble Project, citing sources close to the administration. Essentially, the report suggested that the Trump Administration wants more details with regard to how the company will weaken the environmental impact of the mine further.

However, the report really doesn’t make sense (we’ll get to that in a minute). Regardless of what makes sense and what doesn’t, the report hit NAK stock dramatically hard, leading to massive multi-session declines.

This Is An Opportunity

As mentioend above, the report from Politico simply doesn’t make sense. There are three reasons that I disagree with the conclusion the post came to:

  • First and foremost, Trump has been all about increasing American production of goods and services. Based on what he has done as President and his campaign promises, the idea that he would block this mine from coming to fruition simply doesn’t make sense from a political standpoint. I don’t a move like that would be made in an election year. The fact of the matter is that Trump’s decision will likely align with his campaign message, which would lean toward an approval of permitting.
  • Also, the United States Army Corps of Engineers have reviewed the plans for the Pebble Project in depth. These engineers have found that the mine will have little to no effect on its surrounding environment and an overwhelmingly positive effect on the surrounding economy. Again, that doesn’t sound like something that Trump and his administration are going to kick to the curb.
  • The article on politico suggests that the Trump Administration will take an Obama Administration-like approach to permitting. That simply doesn’t make sense.

The bottom line here is that the politico article doesn’t make sense. The idea that Trump will block permitting goes against everything the President stands for, and I just don’t think it’s likely. As such, these declines are painful, but they make NAK stock one to watch very closely as a not from the President could send this thing skyrocketing!

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1 thought on “Northern Dynasty Minerals (NAK) Stock: There Has Never Been A Better Time To Buy”

  1. I have read articles from an environmental and investor standpoint. I took a small position in NAK before reading about the repercussions to the environment, and I sold NAK days ago and took the loss. I hope Trump does NOT approve the Pebble Project! There is no way the environment won’t suffer any damage from the Pebble Mining Project long term. This mining project in Alaska is home to the greatest Sockeye salmon population in the world which CNA hasn’t really mentioned. In my opinion food (salmon) is more important than gold. What’s the true value in gold anyway? About 93% is used to make jewelry, 5-6% is used for electronics, and rest is dentistry and hobbies? When it comes down to bare necessities, a gold neckless sitting in a jewelry box doesn’t have nearly the same value that Salmon has, which repeatedly feeds and nourishes bodies all over the world.

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