GREY:NMKEF - Post by User
Comment by
TFSAfundson Feb 04, 2020 12:27am
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Post# 30637551
RE:RE:RE:China Is Locked Down
RE:RE:RE:China Is Locked DownThe coronavirus death toll stands at about 425 with one death outside of China. How many are affected, what is the mortality rate? Did you know that between 290,000 to 690,000 people (worldwide) die each and every year from the flu! And this coronavirus is going to totally disrupt world economics? What has hurt much, much more is that tariff war between China and the U.S.! Seriously, if Nemaska were on anyones radar, it would not be in the current dire straits it is. If it were a serious contender in the Li world, the initial financing would have been a very different story! Nemaska now is worth diddly-squat, its reputation so badly tarnished that no company would consider partnering with it. Buying it for pennies, yes. Oh by the way, one Chinese yuan is worth more that a NMX share... lol
phantom666 wrote:
lmao @ TFSA. NMX is far from being sold for salvage. It is not just up for sale but for investors to JV or a % of the produce to complete the construction. Just wait, the coronavirus is far from done and everyone will be leery with anything coming out of China for now, hence they want to make sure a produce will not have a holdup because workers are quarantined or sick.