/biz/ - Business & Finance

>>20663793

NAK is a long-term speculative hold. It might go up 20% on Monday for all you know. Don't worry about it. All the mining insiders are still highly optimistic about it.

"@audiopile its going down for a few reasons imo. powerful short positions want to close out cheaper, some sell the news, some profit taking on 50c shares, and basically the chart says so as there are many traders here that use it. Not at all reflective of the FEIS report."

"@Glory I'm here til the cows come home. This is typical sell on news garbage IMO. Not phased at all. 3 years and a few more weeks or months won't kill me, even a year. This CEO did not sell one share at 20$ -remember that. He also turned away First Quantums offer as it wasn't good enough. I like to compare it to GBR, a less proven deposit which is 18$ range. Just my opinion but I like my chances. This is my biggest holding. Best to all. Enjoy the weekend, we can relax now that this bridge is crossed."

"@audiopile since there are so many traders in this stock you have to look at the chart every now and then. as this EIS was likely leaked news does not break the chart. Longs have nothing to fear, we have some gaps to fill (dont shoot me, they may not) and RSI needs a breather. sorry for the link to chart but i cant seem to upload here. https://charts.stocktwits.com/production/original_230610401.JPG+ it is my chart - i think we will pullback to 2.30 before any tutes start buying in. they are too smart to buy the news."

"@mackvorkian I must say that I am perplexed. I expected a spike. But @pangeon_Miner is probably right, as in the news was leaking last week. But so what? A cursory look at the news and it seemed good to me. No worries. The metal in the ground isn't going anywhere. Will the ROD give us a bump? It should."

https://ceo.ca/ndm?9e381726da39

Your main mining portfolio should be GDXJ/SILJ if you don't know what you're doing. Those will consistently rise. 170% up since the March lows and climbing.

>>20650485
>>20650531
>>20650568
>>20650595
>>20650618
>>20650954
>>20651038
>>20651129
>>20651131
>>20651166

"since there are so many traders in this stock you have to look at the chart every now and then. as this EIS was likely leaked news does not break the chart. Longs have nothing to fear, we have some gaps to fill (dont shoot me, they may not) and RSI needs a breather. sorry for the link to chart but i cant seem to upload here. https://charts.stocktwits.com/production/original_230610401.JPG+ it is my chart - i think we will pullback to 2.30 before any tutes start buying in. they are too smart to buy the news."

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"If your gold stock is red, don't even worry about it. That's just market dislocation. It will be fixed soon."