Nemaska Lithium Inc NMKEF

RE:we are a cog in a wheel

[mick1888]

You have a GREAT point Tcheck.... ;-)

When you look at it in the cold light of day, the retail investor has been misled in a BIG way.

If your own National Government invests in something, then surely we are entitled to think that that 'something' is a safe bet? Pierre Fitzgibbon is negating his responsibilities trying to lay blame on individuals, he should look inward.... :-(

Tcheck wrote: fitzgibbon from ewaltz post

An important point to highlight here is to question the merits of having these risky companies (Orbite, Stornaway and Nemaska among others) listed on the stock exchange. Personally I think that this kind of risky investment requires a lot of analysis before investing in it. In some cases I am not sure that the stockbrokers are doing this analysis.(and the government?)

This term alludes to the role of the mechanical cog, one of the teeth on a wheel or gear that, by engaging other teeth, transmits or receives motion.

the cog is broken the wheel stops turning .where is the motion ?
the  motion will be  filed before the courts  for the defense of the  unsecured investors in this swindle (.just kidding) which IQ failed to do with all the information in hand   .
they were sitting on the board .were willing participants in this investment  case and complicit .they possessed all info and analysis necessary to right thingswhen they could  and they did nada .they  invested in nmx all the same  with eyes wide open and convinced others to join with closed eyes  .the point is they must have known about the disastrous financial situation .
.IQ is secured we are not .????
we own the company IQ doesnt .

where is the board in all this ?what is their function ?

i agree listing on the stock exchange has become synonymous with hauling free money with zero accountability whatsoever .a license to fleece the investors .80 % of small cap companies are uninvestable .
but investing is the o ly way to participate in general  prosperity and wealth .so dont blame the small investor (getting smalller) blame the unscrupulous incompetent ceos .

i am ranting i am awarw  .and fitzgibbon comment was harmless enough  ,still it makes my mind boil .

IQ should have taking a lead 10 years ago .draw a clear path forward and invest in the future in quebec  with billions not millions .
after a string of bankruptcies they step up  the plate late .
les pieds dans le plat .(just kidding )

they are the only ones who can correct the situation .so let not drag them in the mud them too much.
you dont bite the hand who is going to feed you
will they be able to convince the taxpayers of the logic of investing in quebecs green energy
policies .are quebecs political parties going to buy the lithium story ?
that is the billion dollar question

good luck mr fitzgibbon with your analysis of the situation.

we have the wind in the sails but no battery to store this energy ( yet )
maybe in 3 years