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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST
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zamboz
To: stsimon who wrote (161763)8/27/2020 9:17:10 AM
From: TobagoJack1 Recommendation  Read Replies (2) of 217739
 
Re << The chances of this mine being approved within the next ten years is about 1% >>

Very possibly 1% in next ten years as was 0% in last ten years.

I suppose it might turn out that Team USA does not view rare earths and molybdenum as strategic, gold as weaponisable, silver worthwhile, and copper any hurry, for during supply chain disruptions can get copious amounts from somewhere else. If so, means that all then hubbub about supply chains are so much balderdash. Yes, possible.

It is also possible that MMT money doled out should be going to zombie companies such as Eastman Kodak, and real ventures should be stillborn by regulations.

Also possible that folks starved of jobs and opportunities might put up w/ regulations continuing their current state.

All possible. Let’s see what the second term of Trump brings forth. Should Biden win, the chances of approval for NAK drops below 1%, do you agree?

As I look at NAK chart, there were some good times during the two consecutive ten-years leading to today.

The nice thing about a good gold story is that the story only gets better over time as drilling results come in, adding reserves, without the hassles of tiresome operation and adding resources without dangers of dirty digging.

Waiting for two presidential terms to undo the work of each preceding Potus whilst owning a perpetual call option of an expanding resource, and recapture $18 per share, on basis 74 cents - reasonable.

finance.yahoo.com

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