Is Northern Dynasty Minerals (NAK) All Set To Rebound After The Fall?

If you are looking into stocks that could potentially make a remarkable turnaround then it could be the Northern Dynasty Minerals Ltd (NYSE: NAK) stock.

Back in February this year, the U.S. Army Corps of Engineers had allowed the company to file an appeal against the decision regarding the Pebble Project in Alaska. In November, last year, the U.S. Army Corps of Engineers had rejected the project and dealt a hammer blow to Northern Dynasty.

However, the company now has a second chance to resurrect the project that is located 200 miles from Alaska. The company’s interest, which is being represented by its fully-owned arm Pebble Limited Partnership has a lifeline due to that appeal. While it is true that the acceptance of the appeal is a move in the right direction for Northern Dynasty, it did cause a dent in the company’s stock. At this point, investors could consider keeping the stock in their watch lists and keep an eye on the proceedings.

Uson Abdilazhanov

Editor and Computer ExpertA hardcore tech enthusiast and computer expert Uson Abdilazhanov who holds a degree in communications started writing in his personal blogs since 2012. That time he was interested in the technical part of the computer. But now the software aspect plays an important role in his career. Currently, he runs a PC building and repairing shop which helps a lot of designers and gamers who always like to try new things.


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