NAK - Northern Dynasty Minerals Is An Inexpensive Stock That Is A Political Bet - A Huge Decline On August 24
Northern Dynasty Minerals Limited (NAK) is a Canadian exploration company that has been in business since 1983. Exploring for minerals is a highly speculative venture. The risk of bankruptcy for companies like NAK is always high, but the reward is a function of risk. At $1.45 per share at the end of last week, many market participants consider NAK shares a lotto ticket. However, an emerging secular bull market in commodities improves the chances for success and would likely drive money into the stock.
Since March, NAK shares have rallied from 35 cents