Loading ...northern dynasty announces agreements with consortium of local native entities on transportation access corridor from mine site to deepwater port.
share price steadily climbing. closed friday @ $1.45 1.78 in afterhours trading. volume, 10 mil+ shares for the day!
It would take some REALLY deep pockets to wait that strategy out !
part:
Two cases were brought by Electoral College voters in Washington state and Colorado who refused to back Democrat Hillary Clinton in 2016, despite her wins in those states. In both cases, the Democratic electors were mounting last-ditch efforts to prevent President Donald Trump from taking office after it was apparent that he had won enough votes to carry the election.
Comment. It sounds confusing to me. Hilary had the popular vote, but electors didn’t want Trump? And neglected to give Hillary the state?
Supreme Court Rules States Can Stop “Faithless” Presidential Electors
In a rare unanimous decision for the US Supreme Court, on Monday the nine Justices ruled unanimously that states can require presidential electors to back their states’ popular vote winner in the Electoral College. The ruling arose out of a case from Washington state, essentially gives states the right to outlaw so-called “faithless electors” who cast their votes for people other than those chosen by their voters.
Read Das Kapital when I was in college. He actually makes a lot of sense. Theoretically it’s a great idea but it doesn’t take into account human nature. Human beings in the main are always going to look out for #1 and this is always going to cause socialism and Communism to fail. JMO
first rattle out of the box on monday morning…
northern dynasty up almost a dime on heavy volume. (1.7 mil shares first 5 min)
does somebody know something about the permitting?
if this puppy gets its permitting and a jv (barrick?) it’s going to be a real firecracker. billions of pounds of copper, millions of ounces of gold, millions of ounces of silver, and moly too!
(edit) up two bits by lunchtime! +17% and still screaming upwards !!!
Remember Decade Resources DEC.V? We both owned this piece of junk a long time ago. I still own mine but figured it as a lost cause. Now Sprott has bought some and it has new life! It’s Alive! 🙂
https://finance.yahoo.com/news/decade-announces-1-2-million-123000353.html
Skeena to Acquire 100% of Eskay Creek
VANCOUVER, BC / ACCESSWIRE / July 6, 2020 / Skeena Resources Limited (TSXV:SKE)(OTCQX:SKREF) (“Skeena” or the “Company”) has signed a binding term sheet with Barrick Gold Corporation’s wholly-owned subsidiary, Barrick Gold Inc. (“Barrick”), defining the terms pursuant to which Skeena will exercise its option to acquire 100% of the Eskay Creek gold-silver project (“Eskay Creek” or the “Project”) located in the Golden Triangle of northwest British Columbia, Canada. In addition, Barrick has agreed to waive its back-in right on Eskay Creek. As a result of this transaction, Barrick will become a significant shareholder in Skeena.
Skeena’s CEO, Walter Coles Jr. commented, “Skeena is honoured to have Barrick as a significant shareholder as we endeavor to revitalize Eskay Creek, the former highest-grade, past-producing gold mine in the world. The recent improvements to infrastructure in the Golden Triangle offer us an opportunity to potentially reopen closed mines and contribute to the economic development of communities in northern Canada. Gaining 100% ownership and operatorship of Eskay Creek is an important milestone in the evolution of our Company. Skeena is well financed with almost C$50 million of cash and we continue to believe there are meaningful opportunities to increase the grade and size of this project with aggressive exploration drilling.”
more https://finance.yahoo.com/news/skeena-acquire-100-eskay-creek-120000962.html
Big news on copper tonight
Chile’s unions have had enough of Covid-19 and will hit the off switch at the power generation plants that supply some of the biggest mines in the country, and therefore the world. As from July 6th.
Silver looking excellent this morning. How often do we see this! 🙂
Knock on wood.
Silver on the move up. Gold hanging in.
USD getting smacked upside the head.
This morning they reported J P Morgan as saying Wall st is too negative about a Biden win–either way stocks always go up…
When Amtrak took over passenger service,
the railroads dumped their worst old equipment on Amtrak.
Sometimes old and new don’t mix well.
https://railpictures.net/photo/735908/