Done Dynasty
I am not sure why there has always been such a hard core fantasy about this Stock but yesterday it dropped hard and the dip was bought
Today the shorts are picking those carcasses too.
I met a traveller from an antique land,
Who said—“Two vast and trunkless legs of stone
Stand in the desert. . . . Near them, on the sand,
Half sunk a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them, and the heart that fed;
And on the pedestal, these words appear:
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
Nothing beside remains. Round the decay
Of that colossal Wreck, boundless and bare
The lone and level sands stretch far away.”
Sir Fully,
Do you think NAK can be accumulated at these prices?
I have some NAK already, deeply in the red now.
GL
Don’t want to speak for Fully, I think his comments with the post are pretty clear. With all the many miners to choose from why throw good money after bad? Find something else that isn’t broken. Just my opinion.
Look at Brixton (BBBXF on OTCQB).
Down from 0.419 to 0.242 in 15 calendar days.
I believe Patrick recommends to accumulate Brixton.
I looked at the chart for BBBXF and compared to NAK this one has a much better chance of making you money. Although it had the steep drop you referrenced above, that was after a terrific run that took out a previous high. This sharp pullback is an opportunity to get in well below recent high. Here at .25 is probably a reasonable entry point with the possibility if the metals sell off again could maybe trade down close to .20 (no guarantee it gets there). Check with Patrick since it is his recommendation and he knows a lot more about them than I do.
Chartsmaster, I’m trying to learn where there is a “wash and rinse”.
Just in case this one is … maybe Sir Northstar can help with his latest take?
My gut says, a NAK like wash and rinse may be pulled off in the remainder of this week for many more juniors.
Sir Northstar has left the building unfortunately.
You may still follow him at twitter
No amount of charting says anything like project not approved, and likely never will.
That’s my answer as well
Move on…dead money