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: Re: June 16 Trading

Jun 16, 2009 11:39AM
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Jun 23, 2009 04:06PM

Uh, er, sorry for the delayed reply. Fell asleep listening to the crickets and frogs in the distance...

Where this stock goes is still speculative. But less speculative as compared to others. NAK has a more predictable cycle than most... And, it definitely is following gold price and the gold mining sector. Still a long ways off before all permits will be granted, but much, much more stable and predictable. I'm sold - as a substantial portion, about 75%, of my spec money (15-20% of my overall portfolio) is here, with a core I trade around with the cycle and trend. I also hold spec positions in C, LVLT and KRY.

The project is a joint venture between NAK and AAUK. The field has four times the gold of LC. Since my first posts (when I got in) the stock has run from about $4.75'ish up to as high as $8.89 recently and is currently at $7.20'ish. From when I got in to the price at this moment is a better than 51% gain. And according to the technicals, we are just off of the lower BB so it is a good time to get back in and benefit from the up part of the cycle.

Project link: http://www.pebblepartnership.com/

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