Basic Materials

Northern Dynasty Minerals LTD NAK Stock News

Northern Dynasty Minerals Ltd (NYSEAMERICAN: NAK) is having a strong start in the pre-market hours this morning, and for good reason. The company announced news with regard to permits, leading to excitement among investors and sending the stock toward the top. Below, we’ll talk about the news, what we’re seeing from NAK, and what we’ll be watching for ahead.





NAK Announces Permit News

For Northern Dynasty Minerals, the big word for the past few years has been permit. The company has fought the EPA in order to even be able to apply for permits associated with the Pebble Project. However, after coming to a settlement, a clear path was laid out for NAK to be able to apply.

Today, the company announced that the Pebble Limited Partnership has finalized documentation and will file for a US Clean Water Act 404 permit with the United States Army Corps of Engineers. The permit application will be submitted on Friday, December 22. Ultimately, this initiates the federal and state permitting process for the Pebble Project under the National Environmental Policy Act. In a statement, Ron Thiessen, CEO at NAK, had the following to offer:




“At the outset of 2017, we established three ambitious corporate objectives for Northern Dynasty and the Pebble Project… We committed to reaching a resolution with the US Environmental Protection Agency, to restore the Pebble Project to normal course permitting, to re-partner on the Pebble Project and to initiating permitting under NEPA. As we approach the end of the year, I’m proud to report that we will hit our mark on all three important milestones.”

The above statement was followed up by Tom Collier, CEO at the NAK subsidiary Pebble Partnership. Here’s what Collier has to offer:

“We are very pleased to move the Pebble Project forward to the next important phase by initiating the NEPA permitting process this year, as we committed to do.

The project design we’re taking into permitting includes a substantially reduced development footprint and meaningful new environmental safeguards that respond directly to the priorities and concerns we’ve heard from stakeholders in Alaska. Not only are we confident that Pebble as currently envisaged will secure development permits from federal, state and local regulatory agencies, we are confident it will co-exist with the world class fisheries of Bristol Bay and earn the support of the people of the region and state.”

What We’re Seeing From The Stock

As investors, one of the first things that we learn is that the news moves the market. When positive news is released with regard to a publicly-traded company, we can expect to see gains in the value of the stock that’s representative of that company. That’s exactly what we’re seeing this morning following the strong news out of Northern Dynasty Minerals. Of course, our partners at Trade Ideas were the first to alert us to the gains. Currently (8:29), NAK is trading at $1.85 per share after a gain of $0.13 per share (7.56%) thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to follow the story surrounding NAK. In particular, we’re interested in following the permitting process and hopeful that we will see approval to get the project up and running relatively soon. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Northern Dynasty Minerals LTD NAK Stock News

Northern Dynasty Minerals Ltd (NYSEAMERICAN: NAK) is having an overwhelmingly strong start to the trading session in the pre-market hours, and for good reason. The company announced that it has entered into a framework agreement, causing excitement among investors and sending the stock toward the top. Today, we’ll talk about the agreement, what we’re seeing from NAK as a result, and what we’ll be watching for ahead.





NAK Announces Framework Agreement

As mentioned above, Northern Dynasty Minerals is having an incredibly strong start to the trading session in the pre-market hours this morning. The gains come after the company announced that it has entered into a framework agreement with First Quantum Minerals Ltd. Under the terms of the agreement, an affiliate of First Quantum will execute an option agreement with NAK.

Under the terms of the option agreement, an option payment of $150 million will be made over four years. This option will entitle First Quantum to acquire the right to earn a 50% interest in the Pebble Limited Partnership for a cost of $1.35 billion. In the press release, NAK said that the option period may be extended for up to 2 years by First Quantum making payments, for which amounts will be agreed upon later, that will offset the $1.35 billion additional investment amount. Upon the execution of the agreement, First Quantum will make an early option payment of $37.5 million. This payment will be applied only for the purpose of progressing the permitting of the Pebble Project. In a statement, Ron Thiessen, President and CEO at NAK, had the following to offer:





“We have made good progress in the partnering process and are very pleased to be in advanced-stage discussions with First Quantum, an industry leader in mine development and management… Just as importantly, the immediate capital contribution from First Quantum will allow Northern Dynasty to execute on its plan to move the Pebble Project forward to initiate federal and state permitting in the very near-term.”

How The Stock Is Reacting To The News

As investors, one of the first things that we learn is that the news moves the market, and that’s definitely the case for Northern Dynasty Minerals today. With the news that this partnership has been formed, investors are excited, leading to strong gains in the stock. Of course, our partners at Trade Ideas were the first to alert us to the movement. At the moment (9:18), NAK is trading at $2.39 per share after a gain of 10.65% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on NAK. In particular, we’re interested in following the story surrounding the First Quantum partnership as well as future partnerships that are likely to be announced. After all, in the past, Northern Dynasty MInerals said that the project will be the result of a consortium of partnerships. So, this is likely just the first in line.

Another big catalyst that we’ll be watching for here is the submission of permit applications. Recent statements made by management suggested that the company is looking to close some partnerships. Once these partnerships are closed, they will be submitting their first permit applications. Considering the strong partnership news, and the management statements that suggest that the permitting process will commence this month, it seems as though the company is on the right track and that NAK will have a big catalyst coming very soon. So, we’ll keep our eyes peeled for anything on the permitting side of the equation as well. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Northern Dynasty Minerals LTD NAK Stock News

Northern Dynasty Minerals Ltd (NYSEAMERICAN: NAK) is a stock that I’ve been keeping close tabs on for some time. While the stock has been on a decline as of late as investors await news, it’s in the green today. Below, we’ll talk about what’s going on, what we’re seeing from the stock, why NAK is such a hot topic of discussion, and what we’ll be watching for ahead.





The Trump Administration Gives NAK A Boost

As mentioned above, Northern Dynasty Minerals is having a pretty strong start to the trading session this morning. So, what’s going on? Why is the stock up? Well, it seems to have to do with President Donald Trump. At the moment, there are several headlines starting to break stating that President Trump is working to push his agenda in Alaska, which could be a great thing for the company.




There’s also a bit of a rumor surfacing at the moment. The rumor suggests that Mark Hamilton, Executive Vice President of External Affairs for the Pebble Partnership will be speaking at the White House relatively soon. According to the rumor Mark Hamilton will be stepping in as a keynote speaker at an event to celebrate the first year anniversary of Trumps presidency. For more information on the rumor, it’s source is available here.

What We’re Seeing From NAK

As mentioned above, Northern Dynasty Minerals is getting a bit of a boost in the market this morning following news surrounding the Trump Administration and potential speech offered by Mark Hamilton at the White House. As is normally the case, our partners at Trade Ideas were the first to alert us to the gains. Currently (11:03), NAK is trading at $1.97 per share after a gain of $0.04 per share (2.07%) thus far today.

What’s Going On With Northern Dynasty Minerals

Northern Dynasty Minerals was a hot topic of discussion a couple of months ago. It seemed like every time we turned around, the stock was in the press. However, more recently, this hasn’t been the case. With discussions of potential partnerships and speculation running among retail investors, yet silence from the company, investors are itching for any information associated with the Pebble Project.

Nonetheless, if the rumors are true and Mark Hamilton is going to be a keynote speaker at the White House, this thing could soar. After all, don’t forget that the company is working to gain regulatory approval from the EPA for the Pebble Project. With Mark Hamilton having a conversation in the White House, the project would be one step closer.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on NAK. First and foremost, we’re interested in learning whether or not Hamilton will be a speaker in the White House relatively soon. We’re also watching for any news associated with permitting the Pebble Project or partnerships associated with the project. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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AK Steel Holding Corporation AKS Stock News

AK Steel Holding Corporation (NYSE: AKS) is having a strong day in the market today. This is great news as the company has seen some pain over the past year. However, with a recent win for President Trump, investors are hopeful that the United States steel industry is next up on the agenda. Today, we’ll talk about why President Trump may lead AKS into a good year next year, what we’re seeing from the stock today, and what we’ll be watching for ahead.





President Trump Could Lead To Gains For AKS In 2018

As mentioned above, President Donald Trump may prove to be a positive catalyst for AK Steel Holding in the year 2018. Throughout his campaign to become the President of the United States, President Trump made several promises. However, in reality, the President simply couldn’t work on everything he wanted to at once.




However, Trump just clocked his first win, and it could lead to a positive catalyst for AKS. You see, recently, Senate backed the tax plan that the Trump administration put together. As a result of this big win, corporate gains taxes will be reduced, which will be a benefit to just about every corporation in the United States. However, that’s not the positive catalyst.

The positive catalyst is what President Trump is likely to do next. As mentioned above, throughout his campaign, Trump made several promises. One of the biggest of these promises was a promise that was made to the steel industry as a whole. President Trump would improve the playing field, giving United States steel companies a competitive advantage over imported steel products. While this hasn’t happened yet, with the tax plan now approved and off of the agenda, Trump may very well tackle imports next. If this is the case, AKS and other companies in the industry may have a great year in 2018.

What We’re Seeing From The Stock Today

AK Steel Holding is having an incredibly strong day in the market today. Trading on strong volume, the stock is making its way toward the top. Of course, our partners at Trade Ideas were the first to alert us to the gains. Currently (11:13), AKS is trading at $5.10 per share after a gain of $0.27 per share or 5.71% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on AKS. In particular, we’re interested in watching what comes up next on the Trump agenda, and how Trump’s moves down the road affect the steel industry as a whole. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Camber Energy Inc CEI Stock News

Camber Energy Inc (NYSEAMERICAN: CEI) is having a relatively good start to the trading session this morning after the company provided an update to production and announced news surrounding the Coyle field. Today, we’ll talk about the updates, what we’re seeing from the stock, and what we’ll be watching for ahead.





CEI Announces Key Update

As mentioned above, Camber Energy provided investors with a key update this morning. In a press release, the company provided an update with regard to the process of reestablishing production from six Natural Gas/Natural Gas Liquid wells in the Coyle field. The Coyle field is located in Lincoln and Payne Counties, Oklahoma. In the press release, CEI announced that it has repaired or replaced the electric submersible pumps, replaced tubing strings, and acidized and descaled each well.




The company said that it is currently producing 2,550 barrels of formation water, 25 barrels of oil, and 2,300 thousand cubic feet of gas per day from 12 legacy wells. CEI also said that it is evaluating the potential for additional sustained production gains by use of specific well compression and by installing ESPs in two free-flowing wells. In a statement, Richard N. Azar II, Interim CEO at Camber Energy, had the following to offer:

As we recently announced, Camber is pursuing existing production acquisitions (proved developing producing (PDP) + proved undeveloped reserve (PUD)) which can add to our inventory of producing wells and drillable offsets in areas like the Permian Basin and other strategic locations…We want to capitalize on situations where we can leverage our expertise and experience in the dewatering technology to accelerate value and expand operations.”

How The Stock Reacted To The News

As investors, we learn quickly that the news moves the market. While CEI didn’t see massive gains, the stock is definitely in the green following the strong news that was released this morning. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (9:37), CEI is trading at $0.19 per share after a gain of 0.81% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on CEI. In particular, we’re interested in the company’s ongoing work to bring the wells in the Coyle field back up to par. We’re also interested in the ongoing work to expand the horizons for the company as far as moving forward with new wells in the Permian Basin area. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Northern Dynasty Minerals LTD NAK Stock News

Northern Dynasty Minerals Ltd (NYSEAMERICAN: NAK) has been an incredibly interesting stock to watch as of late. After hitting a peak on November 13th, the stock has been trading down for some time, with another 3%+ decline today. While this may lead to fear among the masses, it’s likely a strong play for those with a decent appetite for risk. Today, we’ll talk about why the stock reached a high in mid-November, why it has been down since, what we’re seeing today, and why the CNA Finance team believes that NAK is a strong long-run play.





Why NAK Ran Early On In November

As mentioned above, since reaching a high back on November 13th, Northern Dynasty Minerals has been trading downward. So, why did the stock climb? Well, the answer is a relatively simple one. Over the past year or so, the company has been releasing positive news surrounding their flagship venture – the Pebble Project.




This project had been riddled with issues in the past from the EPA. However, a settlement was reached with the EPA earlier this year, allowing NAK to apply for permits. From there, we’ve seen quite a bit of information surrounding the progress of the Pebble Project.

During these updates, the company has consistently hinted at the idea of bringing on partners. Of course, this would be a great thing. After all, the Pebble Project is a massive one with plenty of potential to be shared. However, there are also plenty of costs to be shared. As a result, partners are needed in order to make things happen.

In the most recent updates, NAK made it clear that they are close to closing some key partnerships. While the names of the companies that will be included in these partnerships haven’t been released, there has been a lot of speculation about who the partnerships will be signed with and when. This speculation hit a high back in the beginning of November, and with investors expecting partnerships just around the corner, the stock started to find its way toward the top.

Why We’ve Seen Declines Recently

At the end of the day, the speculation surrounding partnerships led to expectations of an announcement of one or two being signed. Unfortunately, we haven’t seen any news of a partnership being solidified. As a result, investors started to get cold feet, leading to declines in the value of Northern Dynasty Minerals.

What We’re Seeing Today

As investors continue to await news of a partnership, more and more seem to be exiting their positions, leading to declines on the stock. Of course, our partners at Trade Ideas were the first to alert us to the movement. At the moment (11:35), NAK is trading at $1.99 per share after a loss of $0.08 per share (3.86%) thus far today.

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Why Now Is The Time To Consider NAK – Taking A Lesson From Buffett!

One of the most important lessons that I’ve learned from Warren Buffet is that you have to buy when fear is high and sell when greed hits a high. At the moment, fear is high on NAK, making the stock a compelling buying opportunity. Here’s the reality…

The reality is that not much has changed surrounding Northern Dynasty Minerals and the potentially profitable opportunity the company brings to investors. The Pebble Project is still well on its way to approved permits, and partners are still likely to come down the line. Not to mention that the Pebble Project, when completed, will be one of the largest mines of basic materials in the world with the potential to generate massive levels of revenue.

The declines that we’re seeing are the result of nothing more than impatience among investors. At the end of the day, NAK is likely to announce partnerships soon. When they do, the stock is likely to climb. From there, there are tons of positive catalysts on the horizons. These include permitting catalysts, breaking ground catalysts, and much, much more. So, while fear is high and the stock is down, the value is still there. As a result, getting in while fear is high will likely give savvy investors with a decent appetite for risk an opportunity to get in on the gains at a steep discount.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on NAK. In particular, we’ll continue to watch for updates with regard to both partnerships and the permitting process surrounding the Pebble Project. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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China Advanced Construction Materials Group Inc CADC Stock News

China Advanced Construction Materials Group Inc (NASDAQ: CADC) is having an incredibly strong day in the market today after releasing their earnings report for the third quarter. Today, we’ll talk about what we saw from the report, how the stock is reacting to the news, and what we’ll be watching for with regard to CADC ahead.





CADC Reports Earnings

As mentioned above, China Advanced Construction Materials Group is having an incredibly strong day in the market today after reporting its earnings for the third quarter. Here’s what we saw from the earnings report:




  • Revenue – In terms of revenue, CADC did overwhelmingly well. During the quarter, the company generated revenue of about $13.8 million. That’s a massive improvement year over year from $7.5 million. The increase in revenue is largely due to an increase in sales volume of 56% as a result of customers expediting their construction progress before the severe winter ahead. Also, an increase in the selling price of concrete by 19% played a key role in the increased revenue.
  • Cost Of Revenue – Total cost of revenue came in at about $12.3 million. That figure proved to increase by 47% as a result of an increase of production volume. However, the cost was offset by a decrease in the unit production cost of 19%.
  • Gross Profit – Finally, gross profit came in at approximately $1.4 million. That’s compared to a $1 million gross loss in the same quarter 1 year ago.

The company pointed to their ability to continue at a strong pace due to the following factors:

  • Large-Scale Contractor Relationships – CADC informed investors that they have contracts with major construction contractors that are key to infrastructure, commercial and residential projects. With a sales effort focused on large-scale products and large customers, the company operates with less risk.
  • Management – CADC also reminded investors that the management team has vast experience; providing technical knowledge and business relationships that give them an upper hand in the market.

In a statement, the company offered the following:

Our management believes that we have the ability to capture a greater share of the Beijing market via expanding relationships and networking, signing new contracts, and continually developing market-leading innovative and eco-friendly ready-mix concrete products.”

What We’re Seeing From The Stock

At the end of the day, strong earnings tend to cause strong movements in the market. However, no one could have expected the massive gains we’re seeing out of this one. Of course, our partners were the first to alert us to the movement. At the moment (11:14), CADC is trading at $7.90 per share after a gain of $5.70 per share or 259.09% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on CADC. In particular, we’re interested in following the company’s ongoing innovation in the building materials sector. We’re also interested in seeing if the large-scale efforts will bear fruit when it comes to maintaining growth through winter. Nonetheless, we’ll continue to follow the story and bring the news to you as it breaks!

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Northern Dynasty Minerals LTD NAK Stock News

Northern Dynasty Minerals Ltd (NYSEAMERICAN: NAK) has been an interesting stock to watch over the past couple of years. A couple of years ago, I would have said that the risks were too high to get involved. However, my opinion is far different today. I now believe that the stock provides an opportunity that comes with massive potential and minimal risk. Today, we’ll talk about the potential, the fact that risk has been largely minimized, what we’re seeing from the stock today, and what we’ll be watching for with regard to NAK ahead.





The Potential Opportunity Surrounding NAK

As mentioned above, Northern Dynasty Minerals is currently offering the potential for massive long-run gains. At the end of the day, this potential revolves around the company’s primary venture known as the Pebble Project.

The Pebble Project, located in Alaska, is one of the largest stores of mineral wealth ever discovered. In fact, considering current resource estimates, the Pebble Project is the world’s largest undeveloped copper and gold resource at this time. However, these are not the only resources that the company will have access to once the mine is up and running.




In fact, current resource estimates suggest that there are billions of tonnes of copper, gold, molybdenum, and silver located under the surface at the mine. At the end of the day, if NAK does access these resources, it will be sitting on a literal and figurative gold mine with the ability to pull massive amounts of basic materials out of the earth.

This alone is a big opportunity. However, looking into NAK stock, the opportunity becomes even more clear. Over the past five years, the value of the stock has seen dramatic declines as the company battled with the EPA to obtain the ability to file for permits. While the stock has come back from lows, it is still priced at an incredible discount due to years of declines. So, not only is there an opportunity to get in on one of the world’s largest mines, that opportunity comes at a discount!

Minimal Risk

As mentioned above, if you would have asked me about Northern Dynasty Minerals a couple of years ago, I would have told you to stay away. That’s because the company was in a battle with the EPA and it seemed like they would never be able to apply for permits for the Pebble Project. However, that has changed in a big way.

Earlier this year, it was announced that NAK and the EPA had reached a settlement. Under the terms of the settlement agreement, the company was given a clear path to permitting. Essentially, the company had to prove that the Pebble Project would not have a negative effect on the environment in which it sits.

For several months, NAK has been working to prove this, and it has largely done so. Recently, the company announced plans surrounding the Pebble Project that put several environmental safeguards in place. On top of that, the company outlined the economic benefits the mine would have on the community in which it sits. Chances are that approval will be a breeze due to these plans.

On top of that, the company recently announced the hiring of Mark Hamilton. Hamilton is a key figure in the Alaskan community, and he will likely make the permitting process even easier than it seems to have become.

Finally, while the risks have been reduced greatly, they’re likely to be reduced further. Recently, Northern Dynasty Minerals has been hinting at partnerships. In fact, many, including myself, believe that the fact that the company has hired Hamilton is a sign that partnerships are all but signed, sealed, and delivered. These partnerships will further minimize risk for NAK and its shareholders.

What We’re Seeing From The Stock Today

As investors continue to await news of partnerships, excitement continues to grow. In fact, the stock is having another strong day in the market today. Of course, our partners at Trade Ideas were the first to alert us to the gains. Currently (9:01), NAK is trading at $2.23 per share after a gain of $0.06 per share (2.76%) thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on NAK. In particular, we’re interested in following the ongoing permitting process of the Pebble Project and excited to see the company move to the development phase. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Camber Energy Inc CEI Stock News

Camber Energy Inc (NYSEAMERICAN: CEI) is having an incredibly strong start to the trading session this morning, and for good reason. The company announced an asset sale that is leading to excitement among investors who are pushing the value of the stock toward the top. Today, we’ll talk about the asset sale, what we’re seeing from CEI as a result, and what we’ll be watching for ahead.





CEI Announces Sale Of Permian Basin Acreage

As mentioned above, Camber Energy is having an incredibly strong day in the market today after the company announced a massive asset sale. In a press release early this morning, the company announced that it has sold some of its Permian Basin acreage position.




In the press release, CEI said that on November 9, 2017, the company and its joint venture partner, NFP Energy LLC., entered into a mutual agreement that would lead to the sale of 2,582 acres in the Permian Basin. The sale will take place at a price of $1,000 per acre. The acreage is part of the “Jackrabbit” project, which targets the San Andres formation in the Permian Basin. In the PR, the company said that it will maintain a 90% working interest in the residual 1,100 acres, which Camber will be putting on the market.

This sale ultimately puts CEI in a better financial position. In fact, with the proceeds from the sale, Camber Energy has repaid the first and second lien holders who financed the original acquisition of the Jackrabbit Project.

Also, the company announced that it has entered into a non-binding letter of intent to acquire 95% net working interest in 3,220 net acres in Yoakum County, Texas. This acreage sits within a 6,000 acre area of mutual interest in the Permian basin. In a statement, Richard Azar II, acting CEO at CEI, had the following to offer:

Camber decided to sell the JackRabbit, Gaines County acreage, to reposition the Company on what it believes is geologically lower risk, productive acreage with lower lease costs and the potential for significant improvement in drilling, completion and operating costs and efficiences.

The San Andres formation has a very large footprint in the Permian. Camber’s potential new acquisition of the Yoakum County acreage working interest may provide Camber with an opportunity to better position its Permian exploration and production plans and implement its core expertise in using horizontal drilling, dewatering, and depressurizing reservoirs to extract residual hydrocarbons from prime productive Residual Oil Zones (ROZ).”

What We’re Seeing From The Stock As A Result

As investors, we’ve come to expect that when positive news is released, we can expect to see gains in the value of the stock the news is centered around. That’s exactly what we’re seeing today. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (8:32), CEI is trading at $0.22 per share after a gain of $0.02 per share or 9.17% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on CEI. In particular, we’re interested in following the company’s ongoing work in the Permian Basin and we’re excited to learn more about the coming exploration of new acreage. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Northern Dynasty Minerals LTD NAK Stock News

Northern Dynasty Minerals Ltd (NYSEAMERICAN: NAK) is having yet another strong start to the trading session this morning after climbing by nearly 8% in the market yesterday. While the company hasn’t released any news this week, there’s a good reason that investors are pushing this thing toward the top at the moment. Today, we’ll talk about what we’re seeing from the stock, why investors are excited, and what we’ll be watching for with regard to NAK ahead.





What We’re Seeing From NAK

As mentioned above, Northern Dynasty Minerals is having yet another strong start to the trading session this morning, following up on the nearly 8% gains the stock posted in the market yesterday. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (8:00), NAK is trading at $2.34 per share after a gain of $0.05 per share (2.18%) thus far today.




Why Investors Are So Excited

With no news out this week, many may find it strange that NAK is finding its way toward the top with more than 10% gains between yesterday and the pre-market today. So, what’s the deal? Why is it that investors are so excited? Well, they are waiting on partnership news.

You see, for months now, Northern Dynasty Minerals has been on track to get the permits going for the Pebble Project, a massive mine that is essentially the key value driver for the company. However, in order to develop the mine, the company will likely need financial partners.

Nonetheless, over the past several months, NAK has been hinting about conversations with “a consortium of potential partners.” From there, just last week, the company announced that it has hired Mark Hamilton to play a key role in the Pebble Project. Hamilton is a key figure in Alaska, and he has the ability to help in a big way with permitting the Pebble Project. However, he’s not cheap.

Many argue that NAK wouldn’t be making such a high profile hire if they didn’t have partnerships in the bag. After all, without financial partners, taking on yet another large salary could be a major issue on the financial side. So, many, including myself, believe that the announcement of the company bringing Hamilton on board is a signal that partnerships are just around the corner.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on NAK. In particular, we’re interested in following the story surrounding the potential partnerships that should be announced relatively soon. We’re also excited to follow the permitting process. With Hamilton on board, permits should be relatively easy to attain. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Gevo, Inc. GEVO Stock News

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Gevo, Inc. (NASDAQ: GEVO) Before we get into this interview, I'd like to extend a special thanks to my friend Joey who both set up the...