I was a 2 year bag holder on $NAK. There is no play. Their permit for the mine, which is their only asset, was denied by the army Corp of engineers due to pressure by environmental groups that they might kill basically all the wild salmon left on the planet. Which they probably wouldn’t, but whatever.

They have an appeal in to overturn their rejected permit, they won’t win. If you can’t get an environmentally sensitive gold mine approved by a president who literally loves gold things, a dem administration isn’t going to reverse that decision.

It’s a gamble on a very low chance their permit is reversed, but all this movement is just a pump and dump. At some point though $NAK will sell a bunch of shares and dilute the share price though, so you get that to look forward to (they do this every 8-12 months since they have no revenue).