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Bullboard - Stock Discussion Forum Nova Mentis Life Science Corp. C.LIB

Nova Mentis Life Science Corp is a Canadian-based company focused on building and supporting a diversified portfolio of health and wellness businesses. Through its subsidiary, the company is focused on exploring the anti-inflammatory effects of psilocybin in underexplored metabolic indications such as obesity and diabetes and providing a Health Canada Standard Licensed facility focused on the... see more

CSE:LIB - Post Discussion

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Post by rcash1 on Dec 07, 2017 7:07pm

Valuations

Did anybody even pay attention to the valuation on this deal ? At today's closing price +150k = a valuation of under 3 million.  That's a fantastic deal for a 13 acres license pending company in these times ,of every junior mining company is looking for a MJ deal . Soon this will be a sales licensed LP with multiple sites . That alone puts market cap around 100 million + 
Good Luck tomorrow hold tight
Comment by Ovechkin on Dec 07, 2017 7:41pm
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Comment by Chefboy69 on Dec 07, 2017 7:45pm
Rcash1 5 new LP's coming out in 3-4 weeks LP status becoming LESS AND LESS valuable... if a company isn't growing....its not worth much MYM, and MMJ will all drop BIG TIME
Comment by Ovechkin on Dec 07, 2017 7:51pm
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Comment by Chefboy69 on Dec 07, 2017 7:58pm
hey thanks for the kind words i actually agree with Rcash1 this should be worth 80million market cap with 2 LP's on the way BUT i own TER and CHV which both are growing and is cheaper.... so what about that????
Comment by rcash1 on Dec 07, 2017 8:30pm
First off Both have cultivation licenses and not sales yet .  Second I agree they are both undervalued 1 more then the other . Third this just might be the start of the market catching on to the niche that's distribution. Oh and having multiple licenses in the works now might also get it more of a substantial valuation then CHV or TER. Don't get me wrong buddy I'm all about riding ...more  
Comment by Chefboy69 on Dec 07, 2017 8:32pm
lol good luck buddy hahaha you're gonna have to wait anout 5 years for these companies to pay dividends and by then who knows whats gonna happen I wouldn't be putting all my eggs in the cannbis sector but thats just me I know you claim to be 100% invested  and well good luck
Comment by rcash1 on Dec 07, 2017 9:12pm
Lmao I'm ok with waiting 5 years for dividends, this industry isn't going anywhere. Just like alcohol it's here to stay and $ to be made . As for licenses devaluation hasn't really happen yet and don't think it will for a while . We have a shortage... By the way just think of the prices of WEED by the time it's paying dividends as with many others . I'm in early ...more  
Comment by Sergant on Dec 07, 2017 9:21pm
Rcash what is your stock now :p serg :)
Comment by michelleb33 on Dec 07, 2017 9:37pm
your not selling to get your free shares r cash?
Comment by rcash1 on Dec 07, 2017 9:50pm
 Not for a while anyway .  I wasn't planning on selling any until spring unless things get way out of control and I can predict the pull back . If I sell anytime soon, it will just go buy back them cheaper hopefully with the profit ;) 
Comment by Ovechkin on Dec 07, 2017 8:57pm
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Comment by cr7epl on Dec 07, 2017 8:31pm
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Comment by KushMan on Dec 07, 2017 10:57pm
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Comment by cr7epl on Dec 07, 2017 11:43pm
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Comment by cr7epl on Dec 07, 2017 11:54pm
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Comment by popoltrader on Dec 07, 2017 7:57pm
Good post rcash1. Only 94 918 605 share. 100 Million $ market capitalizations it's over 1$ share. Maybe tomorrow !!! I hope !!! Next week i think is possible over 1$. Good luck at all.
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