Derivatives are a bit of my 2nd hobbyhorse. So today I would like to introduce you to an extremely speculative stock, namely $NDM (-40,53%) . They are sitting on the largest deposits in Alaska, but have not been able to extract them so far due to a veto by the US Environmental Protection Agency and a lot of resistance from the indigenous population.
However, as there is now a new road map from DT regarding the USA's independence from raw materials, negotiations are currently taking place with the Environmental Protection Agency. Although the outcome is of course open, there is no question that if the veto is withdrawn or partially lifted, the value of $NDM (-40,53%) will explode. It may therefore be worth taking a small risk position in the portfolio. The next deadline set by the court for submitting a status report is July 17.
I had already bought it in the spring and sold it too early after a quick 20%. But I will probably get back in now.
