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Stock impact report

Northern Dynasty: Moving Closer To Mine Development [Seeking Alpha]

Northern Dynasty Minerals, Ltd. (NAK) 
Company Research Source: Seeking Alpha
Summary NAK has received a favorable Preliminary Final Environmental Impact Statement for its Pebble Project. The share price gained momentum after this positive news but entered the red zone following a global stock market correction. The ongoing two quarters are important as we anticipate a positive final decision from the Army Corps of Engineers. NAK's massive mining potential spanned over the next 2 decades increases the project's attraction. With such a huge resource, the price tag is cheap and rewards outweigh the risks. Thesis Northern Dynasty Minerals ( Yes, the project will probably take years to develop into a mine but the underlying resource potential signifies that it's worth the wait to own this stock. With recent positive development in the project's permitting process and a favorable 'long' outlook for metals (despite the recent sell-off in equity markets), NAK appears to be a very promising long investment with a large potential upside. While some might view this stock Show less Read more
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