Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.

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Nemaska Lithium Inc

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Comment by 666percenton Jun 14, 2018 7:40pm

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Post# 28175221

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:hi newbies

Calgary, we have the same idea/fears it sounds like in this post. Although I already started to accumulate again while waiting for the next wave. Not worried if it dips alittle more. (I would rather it doesnt) I am happy cashing out each wave as needed.
No matter which senario plays out, i hope we both make some money.

Your preaching of dilution in the past was humourous, we all knew it was coming. You just reminded everyone, everyday, for a year, until it finally happened lol. Godbless you.

Calgary_AB wrote: I am still watching it and a couple of times I was thinking of getting back in but no more than 100,000, however the 1.1 billion shares scare me, that is almost unlimited supply that is in the hands of most crocked people (the banks) these people can surprise you when you least expect it. They can run it up to raise your hopes just to surprise you with a dump...

My personal entry point would be in .80's I believe there will be multiple entry points from now to actual production and even after they start production...due to the unlimited shares outstanding this stock will have a hard time getting out of the hole, sure it may be run up for short periods but will be too risky to even try to ride those waves, the waves will make no sense and will be strictly dictated by the people that own the current share issue and they have huge advantage over the regular investor...

Unless you are Long (I mean very long) and care more about green planet than about making money this stock can be frustrating and see it go nowhere for long periods of time...on the other hand I could be wrong too :)
I would rather be wrong and miss the upside than be hit with a downside…in the main time I am making money on other safer play so really I am not missing any boat…

Bottoms wrote: Great post Calgary! Very well written and forward looking. Turned out to be right as well.

Could I ask why you changed your mind as of late? Am I wrong to undertand that you are not positive about NMX's SP outlook even at an entry point which is 8% lower than the cheapest institition's?

Thanks in advance for your thoughts.

Bottoms