Why You Should Buy $NAK (thread)

Northern Dynasty Minerals (NAK) fell over 8% today, but you know what they say, the time to buy is when fear is high.

Tomorrow (July 24) the US Army Corps of Engineers is expected to release its environmental impact statement (EIS).

$NAK has been working to bring a major project, known as the Pebble Project to fruition for years. They are sitting on one of the world’s largest deposits of gold, silver, copper, and molybdenum in the world. It just can’t mine yet.

However this EIS tomorrow could change this.

The reason $NAK has been waiting years to mine is that the EPA has been fighting the company every step of the way as it is a delicate environment known as Bristol Bay.

$NAK have made several reports sowing there will be little to no environmental effect in the area.

$NAK also in these reports have said that the project will greatly improve the struggling economy in this native Alaskan region.

That’s why the EIS tomorrow is so important.

A positive EIS from the US Army Corps of Engineers. Once this is done, permits can be applied for.

Chances are high the EIS will be positive due to announcements surrounding the preliminary EIS.

Showing exactly what $NAK has been saying, little to no environmental impact and positive economic impact.

There’s no reason to expect anything different in the final EIS.

Why is this all important?

It is expected that the US Army Corps of Engieers will provide the final EIS tomorrow, July 24, 2020.

Should this be positive, $NAK will have made a major step toward bringing the Pebble Project to fruition.

If all goes as planned tomorrow $NAK has potential to see dramatic gains.

Also looking at some insider trading it seems like people who know more than we do are also loading up BIG on $NAK, so surely something big is coming?

That’s why I think $NAK is a BUY #bullish