PAUL&$HARK

Northern Dynasty to Reap Benefits as Alaska Backs Minerals over Salmon

I like to check buy signals of " experts" on all kind of stocks,strange only that 99% of bugs like so called penny stocks.
NAK is losing money for all of the last 10 years,it's assets were worth only 690,000$ in 2002,even today it's book value is 0.55$ per share,negative earnings growth of 60% since last year when price of metals was flying,return on assets for the last 5 years negative 185%,return on investments last 5 years negative 210%,rturn on equity last 5 years egative 218%,NAK stock price in 2002 was 0.25$ so this year high of 13.87$ means an increase of 55 times when at the same time price of Gold increased 3 times,which meand that for each 1% of Gold NAK historically moves 17%.
Bottom line:
Decrease of Gold of 20% means that stock price of NAK is about it's book value of 0.55$ which I believe what NAK is worth at best.
Stocks don't move on some fantastic prospects,stocks move on fundamentals long term so I promise you that NAK whatever price of Gold will be will never reach it's previous high.I have seen many mining stocks in my life as I invested in those in 1998 and those were the best companies in the Gold/Silver industry,even today they are not far away from their 1998 prices.Stay away from NAK as it is worthless investment.If you believe Gold is going higher buy 100oz today worth 83,500$ so you can make money or lose it but you will have real asset not a colourful prospectus.
In my opinion all the Gold/Silver sector stocks are very overvalued,you are paying at least 3 times more for mining blue chips as even they lose money.So why to overpay when buying Gold/Silver/Platinum/P... is real value at any price whatever it is?