This past weekend, NIA sent out multiple alerts about Northern Dynasty Minerals (NAK) conservatively predicting a short-term gain of 50%-100%. It also trades on the TSX under the symbol NDM.
NAK closed today at $1.16 per share for a gain of 30.10% so far this week. It has a current market cap of CAD$887.29 million.
In 2007 when NAK first discovered the Pebble Mine it peaked on July 31, 2007, at a market cap of CAD$1.48 billion.
In 2011 during the last major gold boom, NAK peaked on February 4, 2011, at a market cap of CAD$1.95 billion.
In 2017 after Trump was first elected, NAK peaked on February 10, 2017, at a market cap of CAD$1.28 billion.
In 2020 during the most recent mini gold boom, NAK peaked on July 22, 2020, at a market cap of CAD$1.54 billion.
NAK's average peak market cap in 2007, 2011, 2017, and 2020 of CAD$1.5625 billion or USD$1.0916 billion would equal a NAK price of $2.03 per share.
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. This message is meant for informational and educational purposes only and does not provide investment advice.
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