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Started By
Message
re: I have $260 to invest, what should I buy?
Posted on 1/15/18 at 7:57 pm to theantiquetiger
Posted on 1/15/18 at 7:57 pm to theantiquetiger
I’d buy a Litecoin and change for $223 right now. Just to get yourself in the crypto game.
0
Posted on 1/15/18 at 10:23 pm to bayoubengals88
quote:
AUPH
Posted on 1/15/18 at 11:38 pm to Paul Allen
its gonna be a good year!
Posted on 1/16/18 at 9:04 am to bayoubengals88
Haha, hopefully so
Posted on 1/16/18 at 9:48 am to ElJefe686
quote:
What is NAK, and what would a buyout do?
They own the mineral rights to the largest undeveloped copper reserve known (Pebble Mine):
quote:
5.94 billion tonnes of ore as "measured and indicated mineral resources" (=proven, see Mineral resource classification) grading 0.78% CuEQ, containing 55 billion pounds of copper, 67 million ounces of gold and 3.3 billion pounds of molybdenum; and
4.84 billion tonnes of ore as "inferred mineral resources" (=estimated) grading 0.53% CuEQ, containing 25.6 billion pounds of copper, 40.4 million ounces of gold and 2.3 billion pounds of molybdenum.[14]
Estimated value of $300,000,000,000 in recoverable resources.
A buyout would dramatically increase the stock, conservative estimates around $8/share initially. A larger mining company with the $5 billion estimated cash to develop the mine will either partner with NAK (if current partnership falls through). Trump being elected dramatically increased the likelihood of NAK getting the permitting for development, and once approved will cause a run on the stock.
This post was edited on 1/16/18 at 9:50 am
Posted on 1/18/18 at 10:32 am to AUsteriskPride
Wow, very thorough. Thanks!
Posted on 1/29/18 at 1:44 pm to AUsteriskPride
NAK is down 20% today. Any reason why?
Posted on 6/20/18 at 12:05 pm to Jake_LaMotta
Wayyyy down now. I believe their partnership proposal was rejected?
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