Northern Dynasty Minerals (NAK) gained by 26.27% on Friday trading 37.55 million shares of volume after Trump signed the 'Immediate Measures to Increase American Mineral Production' executive order to push through permits for new gold, copper, uranium, and potash mines.
Will Trump push through the Pebble Mine in Alaska? Mitsubishi, Anglo American, and Rio Tinto all backed out years ago because the sockeye salmon are very tasty, but if it ever had any chance of being developed it would be from President Trump.
So maybe it had a 2% chance of being developed before and it has a 5% chance of being developed now. NAK is likely to gain another 50%-100% based on the speculation.
AngloGold Ashanti (AU) has a pending permit for the North Bullfrog Gold Project with low permitting risk, but it has been taking a long time to be approved for unknown reasons... so we see this being pushed through for sure and it will drive the value of Augusta Gold (TSX: G) up by 100%-200% which owns the higher grade directly adjacent Bullfrog Gold Project which previously produced 2.3 million oz of gold.
This could also benefit the Coles Hill Uranium Project in Virginia, which is now owned by IsoEnergy Ltd (TSX: ISO).
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA's President has purchased 224,200 shares of G and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
