Is It A Good Time To Buy Gold?
Gold is all the rage this year. It currently is surging ahead after a major fall in November 2016. But did you know that there is a huge gold mining facility that is ready to explode in value? This company (Northern Dynasty Minerals) is poised to open what is regarded as the largest gold deposit in the world. Development has been held back because the Environmental Protection Agency (EPA) halted their efforts in 2014, due to potential harm to the world's largest sockeye salmon fishery in Alaska. Over 500 million dollars has been spent on this project.This year, Northern Dynasty Minerals is expecting a turn-around. Though they are limited in expertise and finance, they expect to find a new partner by October, this year (2017). They are also pushing for the EPA to reverse it's stance, allowing development of the gold deposit. With most millionaires and billionaires in a wait-and-see mode, now is the time for us regular guys to invest and beat them to the punch. Once they jump in full speed, the stock price could jump to as high as $10 per share within the next year or two. As of this blog, the price is around $3. That's right. You could triple your your money in the next 2 years or less. However, this is speculative investing. Use your own judgement. In the meantime, if you are thinking about investing in gold, keep an eye on Northern Dynasty Minerals (symbol: NAK). Happy investing!
