"All who read me know what I think about "The Pajala Project". Let me make a brief comparison of the emergence of the project, despite its shortcomings:
Tapuli is the first mine that delivers, 2012 24:11.
Mining concession announced 2008 11 20 c 4 years before the first ore delivery.
Ore Prices go during 2008-2009 entirely down to the basement. When ore prices start to move upwards in 2009 moves NAUR the lowest rate 2.7 to 20 SEK in January of 2010.
I personally believe that we are in a similar situation as in 2009. Most of the action lies ahead.
It may be interesting to note the time factor here, four years from the mining concession to the first delivery. Likewise, this illustrates what I have tried to say about the period that lies ahead of us in terms of share price performance. The price movement in the NAUR-chart is to be seen as a relative-valuation, of course. Maybe there was some dilutions, I have not checked. In the chart, search for "Northland Resources diagram", click on the pictures.
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