NDM has more than doubled this year. The company sits on the world's largest undeveloped copper mine, in Alaska. The mine was blocked by the Biden administration on environmental concerns. However, Trump has signed an executive order to increase the US's mineral production, and this has raised hopes that the mine could now get a green light to further development. Certainly it is an attractive asset, but it is always difficult to predict a government's move, or environmental impact. Certainly recent developments make the stock much more attractive, but it does not guarantee development. We would still consider it a bit more than a coin toss. But odds of a mine have probably gone from 0% to 35% or 40%
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