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Northern Dynasty Minerals, Ltd. (NAK) [hlAlert]

Rating:
Buy NAK
down 97.47 %

Northern Dynasty Minerals, Ltd. (NAK) rated Buy

Posted on: Monday,  Jan 14, 2008  11:55 AM ET by The street 10 Gold Stocks for 2008

The street 10 Gold Stocks for 2008 rated Buy Northern Dynasty Minerals, Ltd. (AMEX: NAK) on 01/14/2008, when the stock price was
$13.07. Since then, Northern Dynasty Minerals, Ltd. has lost 97.48% as of 08/27/2015's recent price of $0.33.
If you would have followed this The street 10 Gold Stocks for 2008's recommendation on NAK, you would have lost 97.47% of your investment in 2782 days.

Northern Dynasty Minerals Ltd. (Northern Dynasty) is a mineral exploration company focused on developing the Pebble copper-gold-molybdenum mineral project (Pebble Project). The Pebble Project is located in Alaska, 19 miles from the villages of Iliamna and Newhalen, and approximately 200 miles southwest of the city of Anchorage. The Company has also located two additional porphyry copper-gold-molybdenum deposits, a porphyry copper zone, a gold-copper skarn occurrence and several high-grade gold veins. The Pebble Project deposit?s resources include copper, gold, and molybdenum. Quantities of silver, palladium, and rhenium are also contained in the deposit. Northern Dynasty has been carrying out technical programs, including drilling a full spectrum of engineering assessments, and environmental and socio-economic studies on Pebble Project.

Gold is not just an anti-U.S. dollar story and could rally against all currencies regardless of what the U.S. Dollar Index does this year, much like it did in 2005. Iamgold (symbol IMG on the Toronto exchange) is also recommended in the list.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2008 4:00 AM Buy
1 year
13.07
as of 12/24/2008
1 Week up  12.50 %
1 Month up  1.50 %
3 Months up  71.31 %
1 YTD up  83.42 %

(*) Stock Price at the time of the recommendation.
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