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Copper - Gold - Molybdenum project in Alaska

Northern Dynasty's principal asset is the Pebble Project in southwest Alaska, USA, an initiative to develop one of the world's most important mineral resources.

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Message: Thursday Trading

Thursday Trading

posted on Apr 02, 2009 06:09AM

On NYSE: NAK sp down a bit. Might be profit taking. Seems many goldstocks are getting hit today. Although NAK is not yet operating Pebble, it is acting very much like a gold stock. Might be a good time to wait on the pull back to get in.

The Dow is up 200'ish out of the gate. Stoch has actually turned to Bullishness. Mac has been Bullish. OBV showing early selling, but the Bulls have overcome this the last few. Looks like there may be another run. If Dow breaks through 8k in the near future, this could be very good for the Market. Banks doing well in anticipation of forebearance news. Rest of market following suit.

Gold dumping to below $900'ish. Gold down and market up. Someone wants to get in to the Market (banks) action.

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