Northern Dynasty Stock Melts Down: Here's Why

NAK stock is crashing. See the chart and price action here. The BackgroundIn early 2023, the Environmental Protection Agency (EPA) used a rare power under Section 404(c) of the Clean Water Act to veto or effectively ban Northern Dynasty's flagship Pebble Project in Alaska.  The EPA argued the proposed mine would cause irreparable harm to the Bristol Bay salmon fishery. The DOJ's Role Northern Dynasty sued to overturn that veto, arguing it was illegal and politically motivated. Many investors bought NAK stoc ...